Define Risk & Limit Exposure: Zero Commission Stop and Limit Orders for Crypto Trading
With everything going on in the crypto markets today, having the ability to set up stop and limit orders is just a great way to limit exposure, define your risk and set yourself up for success.
In this video, we are going to dive into a bit more about how to specifically do this on Amplify and when you might want to use this feature!
limit orders allow you to maximize your time and your money. Since Amplify will execute the limit order once the thresholds are met, you don't need to manually monitor the markets to take advantage of buying when a price is low or selling when a price is high.
Stop orders work similarly to limit orders, in that stop orders enable you to set a price where an order will be executed. Unlike limit orders, though, stop orders are used more to define your risk rather than take advantage of a high or low in the market.
Amplify Brokerage is the only platform where you can execute these orders without paying any trading fees! Take advantage of these features today by logging into your account or setting one up at www.amplifyexchange.com