trailingcrypto

Crypto trading market is highly volatile. On one side, it can help you earn profits but at the other time, it may also incur heavy losses. There are situations when a trader wants to avoid high losses, but trends go against him. In such a case, the most viable option to exit the trade profitably is to use a kind of stop loss strategy. The goal of a crypto trader is to earn as much profit as possible in a short time from any kind of price movement in the market with an optimum level of risks. And, the best risk insurance tool is making use of stop or stop loss. To maximize profits with minimal risks, the trader can go with either of the two options: ·          Setting a take profit and move it periodically along with stop order as the price moves towards the pre-specified value ·          By using Trailing stop orders Among these two options, the first one allows the trader to take the maximum of the ...

  Cryptocurrency trading platforms are at the heart of everything that takes place in the burgeoning cryptocurrency market. Right from making it possible to exchange fiat currencies for cryptocurrencies, the platforms also make it possible to trade various crypto pairs, as is the case in the forex market. Given the widespread adoption of cryptocurrencies, amidst talk of mainstream integration, a number of cryptocurrency exchange platforms have cropped up.   One is always sure to be spoilt of choice of which platform to go with. Here are five things you to consider when choosing a cryptocurrency trading platform . Security and Authenticity It is crucial to ensure that all dealings in the nascent cryptocurrency market are done in a legitimate and secure cryptocurrency trading platform. A number of cryptocurrency exchange platforms have gone under and shut down with people’s money. Similarly, a good number of exchanges have suffered security breaches resulting in people l...

Today, crypto trading has become one of the best investment options in the world to date. However, there are complexities involved with this due to market volatility. Being a successful crypto trader isn’t easy as it seems. According to recent data, more than 70% of day traders quit within the first two years of their trading, and active traders underperform market indices by 6.5% annually. But there are some traders who stand out due to their trading strategies and advanced tools used. There are many tools available to smoothen out the whole trading process for traders. The popularity of the crypto market has led to the rise of many new trading platforms and exchanges.   Getting your hands on the right exchange and the best trading methods is also important to make the trading process easier. To make the trading process easier, the best crypto trading platforms offer different automated trading methods like trading bots, signals, etc. Popular crypto exchange KuCoin has made th...

The goal of every crypto trader i s to earn as much profit as possible from the market price movements of the assets. Have you ever thought why and how professional traders earn profits even in the reverse market trends? What kind of strategies do they use and how specific their trades are?   Well, professional and expert traders use advanced orders and different automatic crypto trading tools to avoid any kind of risks while earning good profits. The best crypto trading platforms like TrailingCrypto offer traders a range of tools to help them make the best trading decisions. The different order types like stop loss, stop sell, trailing stops, etc. help traders execute an order to buy or sell an asset at the price and time that best suits them.   So, the best way to preserve capital gains while trading cryptocurrencies is to use stop and trailing stop orders. With this, you will need a solid trading strategy to make the stops work for you efficiently. Implementing a t...

There are different methods to trade cryptocurrencies and each of these methods works in different ways. These methods may not be suitable for everyone as different traders trade different cryptocurrencies and have different trading strategies. With certain crypto assets becoming highly popular and suitable for traders to achieve increased ROI. One such approach that is gaining huge popularity among traders is futures trading. This kind of trading method provides better opportunities to the traders as compared to spot trading and options trading. Now the question is: What the heck is Futures Trading? Futures Trading refers to the method of speculating on the price of crypto assets without actually owning them. This method enables traders to bet on the crypto asset’s future price. Needless to say, Binance Futures are the most popular type of crypto futures contracts these days. Futures are the type of crypto derivatives product that allows traders to hedge against volatile markets a...

Trading cryptocurrencies involves some kind of risk, making it important for traders to use different kind of tools to control risks while securing profits. People invest in cryptocurrencies for several reasons, and want to earn profits from their investments. Since crypto trading market is highly-volatile, determining how to buy and sell cryptos for a profit could be challenging for the traders. Before investing in cryptocurrencies, it’s better for a trader to review how to take profits out from this. Take profit strategy helps traders to learn when to sell the crypto to maximize gains. Selling your crypto assets to lock in profits seems really easy to understand theoretically but tougher to practice in reality. Learning when to take profits out is important! Why? Let’s understand this with an example: Suppose you buy a coin, and it goes up and up, hitting your target price. You are happy now, but not decided to sell it- while thinking, why you should stop at this profit when it loo...

Top reasons to use automated crypto trading systems Want to earn money even while sleeping? Automated trading could be the perfect option for you! This kind of trading involves breaking your crypto trading strategy into a series of entry or exit positions while using current market trends and technical indicators. Fortunately, there are a variety of automated crypto trading tools which you may consider to make trading easier than it seems. Automated crypto trading This kind of trading involves the practice of using some tools and computer programs to carry out a defined set of rules for placing any trade to generate profits. This trading can be performed at anytime even if you are away from the system. The most significant advantage of automated crypto trading is that the users can execute a particular crypto trading transaction on multiple indicators, inclusive of the target price. A crypto bot is automated crypto trading software that buys and sells your cryptocurrency based o...