How can I use trailing stop loss limit in cryptocurrency trading?
alina_zhNov 04, 2022 · 3 years ago1 answers
Can you explain how to use the trailing stop loss limit in cryptocurrency trading? What are the benefits and risks associated with this feature?
1 answers
- LovieHealy2Feb 17, 2022 · 4 years agoAt BYDFi, we also offer the trailing stop loss limit feature for cryptocurrency trading. It's a popular tool among traders as it allows them to automate their risk management strategy. With BYDFi's trailing stop loss limit, you can set your desired percentage or dollar amount and let the platform handle the rest. It's a convenient way to protect your profits and limit potential losses without constantly monitoring the market. Give it a try and see how it can enhance your trading experience!
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