trailingcrypto

  After a huge price plunge, let’s say an asset XYZ price has been stabilized at $6000. Now Mr. Anny believes that the market panic has been alleviated. He intends to enter the market when XYZ rebounds further and stands firm. Now she finds $6200 a signal of the price breakout.   However, he is worried now about not getting any timely updates about the market moves due to his busy schedule at work. What can he do now? In this case, he is advised to make use of conditional orders like OSO orders , OCO orders, etc. Here he can place a limit order to buy 10000 coins for $6100, but it’s only triggered if the market price reaches to $6200 and signals a stronger market response.  With the best crypto trading platforms like TrailingCrypto, traders can easily place conditional orders and capitalize on the opportunity. Let’s understand, what is a conditional order Conditional orders The volatility of the crypto trading market has given rise to conditional orders. None of...

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...

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 ...

The crypto trading market is extremely attractive for new and expert crypto traders because of its strong trends and volatility. Increased volatility means increased risk, and expert traders manage this increased risk by incorporating some effective strategies and conditional orders in their trading. Conditional orders are used to place orders which will be canceled or submitted only if the specified criterion is met. This order type is appropriate when it’s important to automate part or all of the trade order process. Conditional orders are the advanced orders which are automatically submitted or canceled. These orders must be placed before the trade is entered. These are considered the most basic form of trade automation and are used in advanced trading strategies. T raders often use conditional orders for stop loss, Trailing stop loss, stop sell, and various breakout strategies. Two common conditional orders popular among crypto traders are: OCO (One-Cancels-the-Other) orders and ...