Trailing stop buy order<\/strong><\/p>\n\n\n\nThis order type is an exact mirror image of the trailing stop limit sell order. It can be used to protect profits generated through short selling or while you are trying to buy any stock which is bouncing off due to market low.<\/p>\n\n\n\n
Below are the steps to place trailing stop buy order at TrailingCrypto:<\/strong><\/p>\n\n\n\n- Choose the exchange<\/li>
- Select Trailing stop buy order<\/li>
- Select base and quote coin. Now choose the number of coins which you want to buy. You can also select the percentage option. Say, 10 BTC or select 10% of BTC.<\/li>
- Enter the quote coin price at which you buy. If this field is left blank, the current market price will be used.<\/li>
- Now select the offset which is a fixed percentage above the current market price.<\/li>
- Submit order<\/li><\/ul>\n\n\n\n
Suppose the offset value is 3%. And, Quote Price of your selected crypto asset was 0.01623 while placing the order. Assume market dips to a value of 0.01421, and then started to rise. Since this is the lowest price, the stop value will be 0.01421 * 1.03 = 0.01464. Now, whenever the market hits a price above 0.0146363, a market buy order will be placed.<\/p>\n","protected":false},"excerpt":{"rendered":"
Want to benefit from the volatile cryptocurrency markets? Do you really want to minimize your losses and protect your profits? If yes, then you must understand the most profitable strategies and crypto trading tools. So, you want to benefit as the price of your crypto assets moves higher and you are willing to wait for […]<\/p>\n","protected":false},"author":6,"featured_media":14156,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/nazing.co.uk\/wp-content\/uploads\/2022\/07\/A-Comprehensive-Guide-to-IT-Services.webp.jpg?fit=1024%2C537&ssl=1","_links":{"self":[{"href":"https:\/\/nazing.co.uk\/wp-json\/wp\/v2\/posts\/14642"}],"collection":[{"href":"https:\/\/nazing.co.uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nazing.co.uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nazing.co.uk\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/nazing.co.uk\/wp-json\/wp\/v2\/comments?post=14642"}],"version-history":[{"count":1,"href":"https:\/\/nazing.co.uk\/wp-json\/wp\/v2\/posts\/14642\/revisions"}],"predecessor-version":[{"id":14643,"href":"https:\/\/nazing.co.uk\/wp-json\/wp\/v2\/posts\/14642\/revisions\/14643"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nazing.co.uk\/wp-json\/wp\/v2\/media\/14156"}],"wp:attachment":[{"href":"https:\/\/nazing.co.uk\/wp-json\/wp\/v2\/media?parent=14642"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nazing.co.uk\/wp-json\/wp\/v2\/categories?post=14642"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nazing.co.uk\/wp-json\/wp\/v2\/tags?post=14642"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}