: Once triggered, it becomes a limit order, meaning it will only fill at your specified price or better. Key Steps to Place the Order
A order is used to buy an asset once its price rises to a specific "stop price". Traders typically use this to catch an upward breakout or to cover a short position before losses grow. How a Stop Buy Works
: Input the price that will activate the order. Execution : Click Place Buy Stop to finalize. Important Considerations #7 Buy side stop orders | Trading on Coinbase Pro - GDAX gdax stop buy
: Once the market hits that price, your order is automatically "triggered". Market vs. Limit :
: You set a Stop Price above the current market price. : Once triggered, it becomes a limit order,
: Once triggered, it becomes a standard market order and fills immediately at the best available price.
Current interfaces (like Coinbase Advanced Trade ) follow the same logic originally established by GDAX: : Choose the Stop tab in the order panel. Define Side : Select Buy . How a Stop Buy Works : Input the
: Specify how much of the asset you want to purchase.