How to use trailing stop orders for efficient trading?
Are you asking yourself what advanced trading is? To maximize profits and limit downside risk, seasoned traders use trailing stops. Wait, what? A trailing stop loss. A rare and thus high-value animal across the crypto world. It follows or, in other words, “trails” the market…
Stop Loss in Crypto Trading
Stop loss is a trading tool designed to limit the maximum loss of a trade by automatically liquidating assets once the market price reaches a specified value. There are multiple types of stop loss that can be used in different scenarios depending on
What is trailing stop-loss?
Neither a magic wand nor a profit machine, trailing stop-loss is simply a trading feature that helps you liquidate your position when the market moves against you.