trailingcrypto

Crypto trading market is extremely attractive among the novice and expert traders due to its strong trends and volatility. Increased volatility means increased risk, and managing this risk by incorporating some effective strategies is something that allows expert traders to earn good profits. Conditional orders are the best tools used by expert traders. These orders are used to place trades which will be submitted or canceled if and when a certain criterion is met. This order type is beneficial to automate part or all of the trade order process. What is a conditional order? These are the advanced orders which are canceled or submitted automatically. These orders are required to be placed before the trade is entered. Traders often use these orders for stop loss, Trailing stop loss, stop sell, and many other breakout strategies. The two most common conditional orders used by the traders in crypto sphere are OCO (One-Cancels-the-Other) order, and OSO (Order-sends-Order) orders. These ...

Copy trading- If you are a regular crypto trader, you’ve probably heard of it. But if you are new to crypto trading, you might be wondering what all this fuss is about.   Crypto copy trading is a winning strategy that will help you effortlessly and quickly start trading like an experienced crypto trade r. Let’s understand this heck: Copy trading Everyone wants to be a profitable crypto trader, but the actual difficulty of getting through the learning curve of the technical analysis and time required to make a winning strategy means that there are a few traders that actually manage to make a living through crypto trading. So, what do you do when you don’t have much time to stare at charts, but still want to improve your skills? The answer is copy trading! This is a portfolio management strategy where a novice trader copies the exact trades of the successful traders. Getting started in copy trading is much easier and the first thing you need to choose is the right crypto tr...

Are you new to crypto trading? Wondered, how professional traders ride the big market trends? Doesn’t it trouble you when you come back after a long day at the office, and find that you have missed the opportunity to buy or sell any crypto asset? Well, it messed up many of us! Isn’t it? So, want to know about that strategy which makes experts earn good profits? Well, the secret to profitable crypto trading is making use of Trailing stop orders. Using stops, stop buy, stop sell, or Trailing stop sell , Trailing sell, etc. in crypto trading is the best way to preserve capital gains. Are these features sound complicated to you? If yes, then you need not worry as these features are not as complicated as they seem. Implementing a trailing stop strategy ensures that you are following a robust and agile trading method. The best crypto trading platform and exchanges support automated crypto trading to let traders earn consistent profits without monitoring the market. If you don’t have the time...

O ne of the most important risk management tools used by crypto traders on a daily basis is Take Profit order. We all know that there is no magic formula to time the market but there are some strategies which a trader can use to maximize his gains. A thorough understanding of using strategies and features like Take Profit, stop-loss or other order types is fundamental for a trader to place the most successful trades. If you are a beginner, it’s important to know how to exit a trade profitably. Every trade which you place required an exit strategy. And, the whole point of trading is to exit any trade with profit. Now the question is how to exit a trade successfully? And, the best and the easiest tool which you can use is take profit order . Let’s understand about this order type in deep: Take Profit (T/P) order This type of order mentions the specific price at which a trader should close an open position for a profit. Most traders employ take profit order combined with stop loss o...

The recent turbulence in the crypto trading market has led to high volatility and a larger drawdown in equity prices. That’s why it has become more important for traders to incorporate several risk management tools into trading systems to avert significant losses. And, using trailing stops is one such trading strategy which is getting highly popular among traders to provide downside protection. Usually, a trailing stop order is placed on an open position, at a specified distance (Trailing Distance) from the current market price of an asset. The main purpose of the trailing stop order is to lock in the potential losses. If the market keeps moving in the favorable direction, so does the trailing stop while maintaining the stop loss at a pre-specified distance from the current price of an asset. Trailing Stop Trailing Stop is a special kind of trade order which moves as per the price fluctuations in the market. When the market moves up, it drags the trailing stop along with it. But if...

Trading cryptocurrencies can be quite tricky- especially if you are a beginner. However, by using some expert guidance in the form of trading signals, copy trading, etc. you may streamline your trading. If you are also among those traders who are struggling with crypto trading, then trying out crypto trading signals will surely enhance your trading activity. For novice traders, the trading signals provide a guided path to the crypto trading world. Signal providers offer a variety of data points for the traders such as which cryptocurrencies offer good investment opportunities, what should be your target profits to sell, what price to buy an asset, and most importantly, where to set the stop-loss to protect against downside risk. Usually, one can determine these metrics through an in-depth research and analysis, and crypto trading signals are doing this on trader’s behalf and providing fantastic returns. Let’s understand, what are crypto signals? Crypto trading signals Crypto si...

If you are not new to crypto trading, then you must be aware of crypto trading bots too. And, you must have also used crypto bots once in your trading strategy to perform trades automatically. The top exchanges like Binance, Bittrex, etc. have their own trading bots as most of the trades at these platforms are performed by trading bots only. If you are looking for a new-age crypto trading bot which could be a game-changer while trading cryptos, then you must go for the Bittrex trading bot . Doesn’t matter how much trading skills and knowledge you have, this trading bot will definitely make crypto trading easier for anyone. And, if you are an expert trader, you can set the bot as per your chart analysis which allows it to be more précised.  Let’s understand about Bittrex Trading bot: Bittrex trading bot Started as a crypto-to-crypto trading platform, Bittrex is one of the most advanced trading platforms supporting a large number of Altcoins. Whenever it was started, it didn’t accept...

Margin trading has become a tedious concept among crypto traders these days. However, if done properly after the right analysis and through a reliable crypto exchange, trading with margin can deliver high returns. This kind of trading poses higher risks than regular trading due to the volatility of crypto assets.   But it allows you to achieve higher potential profits by adding more risks to your trade. Similar to margin trading in the traditional market, the traders borrow funds from the third party as margin. It is always worth remembering that trading with leverage is profitable for professional traders, and not for beginners. Despite offering large potential gains, this kind of trading is quite risky and it’s important for the traders to trade this kind of trading carefully so as to avoid losses. BitMEX is one such trading platform gaining huge popularity in the crypto space today. This trading platform offers plenty of trading features to the investors and helping them to st...