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Showing posts with the label trailing stop loss

Take your Crypto Trading to the Next Level by Using Bracket Orders

If you are an expert trader whose trading strategies have gone towards the more sophisticated side of things, then it’s time that your trade entries and exits require an extra nuance. Isn’t it? In most of the cases, the basic order types may cover all your trade execution needs. But if you really want to fine-tune your trades, a host of advanced order types are available.   The advanced order types fall into two categories i.e. conditional orders and durational orders. Conditional orders mean your order will be fulfilled under specific conditions. On the other side, durational means that the order will take place within a specific timeframe. Anyone can place trades if he has some knowledge about trading, but managing these trades is a difficult task. This is where bracket orders can help you out. Bracket order Bracket orders are conditional orders which are useful in intraday trading. It involves three combined orders in one order. As the name suggests, bracket, these orde...

What are the Risks Involved with Margin Trading and How to Trade With Leverage Properly?

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  The trend of leveraged crypto margin trading has set new heights consistently in the year 2021. Through April, the prices of cryptocurrencies were higher which meant huge profits for the traders. But soon the prices dropped back down again, it was a completely different story. Leveraging money is inherently risky, no matter how the market appears to be trending, or how talented you are. So, it’s important for you to understand all about BitMEX margin trading and what are the risks involved with it. What is margin trading? Margin trading is all about trading on the borrowed or leveraged money. In order to get a loan, you need the margin or collateral first. It is like a deposit which is controlled by your exchange until you repay the loan amount. Then as per the rules of crypto exchange, you can borrow some multiples of the amount of capital that you’ve locked in. it is the ratio of what you have put in versus what you take out is known as leverage. To open leveraged tradin...