What is a Stop-Loss Order, and How Do I Set One on Robinhood?

+1-(833)-240-6993 A stop-loss order is a tool used to protect your investment by automatically selling a stock once it reaches a certain price. To set a stop-loss order on Robinhood, open the app, go to the stock or option you want to protect, and select "Trade." Choose "Sell" and set the stop price at which you'd like to exit the position if the price falls. If you need further guidance on stop-loss orders or any trading issue, contact Robinhood customer support by calling +1-(833)-240-6993.