About Trailing Stop Sell A Trailing Stop Sell order sets the initial stop price at a fixed percentage below the market price as defined by the Trailing Amount. As the market price rises, the sell stop price rises one-to-one with the market but always at the interval set initially by the trailing percentage amount. If […]
Understanding Order Types
Exploring How Trailing Stops and Trailing Stop Buy Orders Work?
Have you ever lost on a bunch of profits on a good crypto asset trading because the market has reversed down suddenly while you were not available on your system? If yes, you aren’t alone! Unfortunately, this happens to many of us. And, fortunately, there is a tool that can surely prevent this from happening […]
How one can Take Advantage of Take Profit and Trailing Take Profits?
What is take profit order? Take Profit orders are used to set a target profit price on an unleveraged spot trade or a leveraged long or short position. The profit price is to be set in terms of absolute price. As with Stop orders, Take Profit orders can also be used to open positions. Take […]
What is a Trailing Stop Loss Order and how Trailing Stop Loss Works?
So, you are a beginner? And, you are losing money in this volatile crypto trading? Well, it might be due to unawareness of advanced trading tools that you can use but aren’t aware of them yet. Don’t know about the advanced order types, strategies, and how to use them? Even, I had this problem, when […]
What is an OSO Order in Cryptocurrency and how it Works?
Have you ever noticed that a big move in one cryptocurrency suddenly triggers a move in other cryptocurrencies? Sure, we’ll have seen that! Isn’t it true? if Bitcoin makes a move then Bitcoin cash and Litecoin also follow the same suit and make a big move. After watching such a big initial move, sometimes it […]
A Quick Guide to OCO (Order Cancels Order) and how it Works?
An OCO Orders (Order Cancels Orders) is a pair of orders stipulating that if one order executes, then the other order is automatically canceled. An OCO order combines Take Profit with a Stop Loss order. If any of the order executed another order automatically gets canceled. According to Investopedia: Traders can use OCO orders to trade retracements and breakouts. […]
How Stop Buy works?
Stop Limit Buy work very similar to Stop Loss. In Stop Limit Buy a Limit Buy order triggers when the market reaches the Stop value. It majorly used to buy a coin at a lower price as close to the trough. Below are the steps used to place Stop Limit Buy: Select Stop Buy order […]
How Limit Sell Works?
In limit sell the user has the control at what price the quoted currency will be sold at. It offers the advantage of being assured the market exit point is at least as good as the specified price. This order most of the time is not instant rather the exchange will wait till the target […]
How Limit buy Works?
In limit buy the user has the control at what price the quoted currency will be bought at. It offers the advantage of being assured the market entry or exit point is at least as good as the specified price. This order most of the time is not instant rather the exchange will wait till […]
How Market Sell Works?
When an investor places an order to buy or sell a stock, there are two fundamental execution options: place the order “at market” or “at limit”. Market Sell order is a transaction meant to execute as quickly as possible at the present or market price. To perform this Order Type From the drop-down menu select Market […]