trailingcrypto

In crypto trading, there is a belief among serious crypto traders that if you don’t use stops in your trading, you will soon stop trading. And, this is quite true. Firstly, let’s do some facts checking before moving to stops: What percentage gain would one have to make in order to get even after a loss of 10% on the capital? And, its answer is 11.1% But, what should be after a loss of 30%? Answer will be 43% And, what if you are down 50%? Answer is 100% So, what should one do to protect their capital from such attrition? The answer will be, either cut your losses early or lock in your profits early by making use of stops!While placing any kind of trade, money management is an important aspect that one should consider. Many traders spend hours fine-tuning their entry strategies, but at last, they blow out their accounts taking bad exits due to the lack of exit planning. In fact, most of them are often more likely to take premature profits or run losses. Every investment has ...

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...

According to a recent report, over 10 crores Indians hold cryptocurrencies and you know, this number may go even higher this season. However, crypto trading is fraught with many kinds of risks, and up-down, the craze of cryptocurrency trading is attracting many of them. In order to get long-term benefits from crypto trading, considering the right strategies and tools can make trading safe and profitable. There are many different types of tools and advanced order types that provide by the best crypto trading platforms which can make crypto trading fun. Deciding an appropriate time to exit any trade is as important as determining the time of entering a position in all types of trading. If you are a pro trader, then your trade entries and exits might require a bit of extra tinge. In many cases, basic order types can cover most of your trade execution needs, but if the order is complex, then there are a host of advanced order types which you may choose to earn better profits. Some of the...