trailingcrypto

Today, many traders are attracted towards crypto investments due to high potential returns. In order to invest in the crypto trading market, it’s important for a trader to have enough knowledge about the market and trading strategies. And, this is the reason why crypto exchange like Binance offers a lot of interesting features and order types. These features help traders to generate profits in long term. One such order type attracting the traders is OCO Order . Now the question is, what is an OCO Order? OCO stands for One-Cancels-the-Other order which allows traders to place two orders at the same time and cancel one order automatically whenever the other order is executed. This is an effective tool to secure gains in the market.   OCO order is a combination of two orders which can be used simultaneously on Binance including a limit order and a stop-limit order. But whenever you place an OCO order, the execution of only one order is possible. This means you can manage your...

Today, many traders are attracted towards crypto investments due to high potential returns. In order to invest in the crypto trading market, it’s important for a trader to have enough knowledge about the market and trading strategies. And, this is the reason why crypto exchange like Binance offers a lot of interesting features and order types. These features help traders to generate profits in long term. One such order type attracting the traders is OCO Order . Now the question is, what is an OCO Order? OCO stands for One-Cancels-the-Other order which allows traders to place two orders at the same time and cancel one order automatically whenever the other order is executed. This is an effective tool to secure gains in the market.   OCO order is a combination of two orders which can be used simultaneously on Binance including a limit order and a stop-limit order. But whenever you place an OCO order, the execution of only one order is possible. This means you can manage your...

  Today, many traders are attracted towards crypto investments due to high potential returns. In order to invest in the crypto trading market, it’s important for a trader to have enough knowledge about the market and trading strategies. And, this is the reason why crypto exchange like Binance offers a lot of interesting features and order types. These features help traders to generate profits in long term. One such order type attracting the traders is OCO Order . Now the question is, what is an OCO Order? OCO stands for One-Cancels-the-Other order which allows traders to place two orders at the same time and cancel one order automatically whenever the other order is executed. This is an effective tool to secure gains in the market.   OCO order is a combination of two orders which can be used simultaneously on Binance including a limit order and a stop-limit order. But whenever you place an OCO order, the execution of only one order is possible. This means you can ma...

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...

Placing an order to trigger at a certain price away from the current market could be the most convenient way to trade any assets. It can help you to enforce discipline in your trading and also save you from watching the volatile market trends continuously. While this could be a convenient option with using simple orders to trade, there are advanced orders available which can be used for planning ahead your trades. And, knowing what risk management tools to implement, or when, is the key essence of managing your crypto trading portfolio. The most popular crypto trading platforms like Binance offer both basic and advanced order types to the traders. Let’s have a look at the most popular one: OCO Order Do you really wish to use the best risk management tool which could help you manage your exit strategies? If yes, then you should go ahead with the most advanced order known as OCO (One-Cancels-the-Other) order. This order type combines two market orders where if one order is fully or p...