If your goal is to buy at the bottom 😁 and sell at the top 😉, trailing trades are your new best friend. While perfect timing may be impossible, trailing trades provide a smart strategy to help you come close.
Trailing trades are advanced trade settings where you define a starting price, a trade direction (up or down), and a threshold percentage.
Once you configure your settings and activate the trade, the app begins monitoring the market price.
The order is placed when the market reverses direction and crosses your specified threshold percentage.
This method allows you to:
Trailing trades are designed to adapt to market fluctuations, ensuring that you capitalize on favorable market movements while minimizing the risks of manual trading decisions. This automated approach helps you get closer to buying low and selling high, optimizing your trading strategy for better results.
Use every tool available to maximize your gains and think outside the box 😉!
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