trailingcrypto

We all know that crypto trading market is highly volatile. These market swings may be temporary, lasting for few hours, or they may be more protracted going on for days. One contributing factor receiving a high level of attention towards market volatility and risk management is making use of stop orders. Investment professionals always recommend using stop orders as a tool to manage market risks. Stop sell orders are used to protect a profit position of the trader if the price of an asset declines. On the other side, the traders may use stop buy orders to limit the investor’s losses to a short position if the price of a stock increases. Determining the right risk management plan is one of the most important parts of a successful trading strategy. The best crypto trading platform and exchanges support automated crypto trading. This allows traders to earn consistent profits without monitoring the market. If you don’t have the time to trade cryptocurrencies and don’t want to hold them fo...

The steady increase of crypto trading platforms and exchanges has given rise to a number of ways and strategies to trade cryptocurrencies. These exchanges provide an opportunity to traders to utilize a number of tools to estimate the best trading strategy from a fundamental and technical perspective. Now, traders can place buy and sell orders easily on the trading platforms by making use of automatic crypto trading tools like trading bots, crypto signals, etc. Today, the best crypto trading platforms like TrailingCrypto have come up with a new smart trading feature, i.e. OCO order. OCO stands for One-Cancels-The-Other order which consists of a pair of orders which are created concurrently, but one of them could be executed. This means that as soon as one order is partially or fully filled, the other one will be cancelled automatically. What is an OCO order? This is a kind of special order that enables traders to place two separate orders at the same time.   In this order type...

Are you already familiar with crypto trading? If yes, then you might have registered on several exchanges too. Great! Now, you can take advantage of different order types to trade effectively. For successful crypto trading, you must be aware of some basic and advanced order types like market order, stop order, stop-loss order, Take Profit order, Trailing stop, and more. Here in this article, we will be discussing about take profit order, and its advantages. To be successful in crypto trading, one must acquire the skills of knowing when to enter or exit any trade. Sometimes, there would be a certain market condition, and you have to accept the loss or leave the trade before earning profits. Stop loss and take profit orders are certain types of orders which are supposed to save traders from losing money. What is a take profit order? Take profit order allows its traders to buy or sell cryptocurrencies automatically once the price of a token reaches a certain price, known as trigger p...

Investing in cryptocurrencies has become one of the hottest trends in the trading world which is quite beneficial too. However, the volatility of the crypto market makes it quite risky and difficult for traders to predict what is going to happen next? But, by making use of crypto trading bot and several trading strategies, it has become easier for the traders to make smart and intelligent buying/selling decisions. This also decreases the risk exposure further while increasing their chances of profits. Automating your trades is quite easier, but finding the right crypto trading bot and trading platform is a tough job. For the crypto exchange like KuCoin, you need a specific bot. KuCoin has become one of the most popular and safest exchanges that allow traders to make incredible profits. KuCoin is one of the most popular and largest crypto exchanges in terms of the trading volume. The platform offers margin, futures, and spot trading on the exchange. The exchange offers a wide select...

The key benefits of using grid trading bots in crypto trading Are you looking for an alternative strategy to trade in crypto market? If yes, considering grid trading bots is the better option. These bots offer a perfect solution for placing buy and sell orders on the behalf of traders. Considering a grid trading bot enables a trader to place a series of buy and sell orders within a defined price range. If you are not new to crypto trading, you might have tried many trading bots. And, if you haven’t tried grid strategy yet, then it is recommended to use grid bots so as to earn good profits. The expert and professional traders use these bots due to the large number of benefits they offer. Before discussing grid bots, let’s understand about grid strategy first: Grid Trading This is a type of quantitative crypto trading strategy where an investor or trader creates a price grid and the basic idea behind this strategy is that the trader will repeatedly buy at some predefined price, a...