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...

While placing any kind of trade, money management is one of the most important aspects that one must consider. Many traders spend hours in fine-tuning their entry strategies, but at last, they blow out their accounts taking the bad exits.  If fact, most of crypto traders lack an effective exit planning, and are often more likely to take premature profits or run losses. Every investment has an entry and exit plan! You need the right exit plan/strategy to make sure that you stick to the decisions you’ve outlined in your crypto trading plan. Without the right strategy, you are most likely to make decisions based on emotions like greed or fear.  So, an exit strategy is integral to any crypto trading plan. Basically, a trade plan is designed by a trader to predetermine their exit strategy. There are two ways where one can get out of trade: by taking profits or by making a loss. And, when talking about exit strategies take-profit and stop-loss orders are referred to as the best exit...

  With crypto markets remaining open 24 x 7, automated trading strategies, and bot trading, cryptocurrency trading is gaining huge popularity among traders. But how can you trade like a pro? Choosing the right cryptocurrency trading terminal is important. Many expert traders look for smart ways to simplify their trading experience while relying on the automated trading strategies. The crypto trading platform or trading terminal like TrailingCrypto provides advanced trading methods to traders to trade automatically using the right order types, copy trading, bot trading, signal trading, and more. There are countless ways to earn profits off of trading cryptocurrencies. Technical analysis and financial analysis are important while building an expert strategy. Having a successful trading plan also mitigates risks, as it eliminates a lot of unnecessary decisions. Among several orders types, Trailing stops offer the best way to lock in profits and limit the losses. Trailing Stops on...