Use the Stop-Loss to protect against deep losses and let the Trailing Stop-Loss help you sell at the right moment. You don’t need to follow the sell signals they send, but you can also Semi copy a trader. We offer a marketplace where you can easily judge the performance of signalers and Copy bots. Subscribe to signalers or buy a Copy bot subscription who send out trading signals on which your bot can trade automatically on. There are several ways how you can copy traders on our platform.įully copy an expert. You can completely follow experts on our platform and have them decide when to buy or sell. This is a very popular tool among our traders. It tracks the price up and sells your position when the price goes down for a percentage. If you don’t have an idea of where the price could go, the Trailing Stop-Loss is a brilliant and accessible tool. This is useful if you have an understanding of where supports & resistances in a price lie. ![]() You tell your bot at how much percent profit it should sell automatically. The Take-Profit is an incredibly simple tool to sell automatically. If you don’t use a stop-loss, you will end up with what we call “bags”-positions in a deep loss that you should’ve sold earlier. It may feel counter-intuitive to use it, but it’s vital for a trader! For example, if 60% of your buys are positive and 40% negative, then your Stop-Loss will help filter out the bad buys. The Stop-loss is, unfortunately, not a tool to make profit but to prevent further losses. Tools like the Take-Profit, Stop-Loss, and Trailing Stop-Loss are ideal for helping you sell. You only have made a profit, when you’ve sold your investments for a stable currency like the Dollar or the Euro. Trailing Stop-Short helps you by shorting automatically by buying back when the price rises again. When you think the price has reached its bottom, you consolidate your short, and it will directly buy back the position. ![]() When you expect a position to make a more significant loss, you initiate a Short, and your bot will sell the position. ![]() This way of shorting is not the traditional way, where you make a profit by shorting. You do need deep pockets for this technique, as you will need to keep doubling down on your investment.Īnother way to make up for a loss-making position is Short and Trailing Stop-Short. The assumption is that a crypto price will rise eventually, so if you keep doubling your investment, your average buy price will be lower, and you will make a profit sooner when the price rises again. ĭCA (or Dollar Cost Averaging ) is a technique that’s used to average out your buying price or is used as the “Martingale technique”, which you use when a position is in a deep loss. Have you bought a position, but it went down, and you’re in a loss? Use DCA or ( Trailing Stop- ) Short. When it goes up, it will initiate the buy order and voila! TSB will keep tracking the price down until it goes up. This is impossible to know, but it is possible to get help from a bot! Use the Trailing Stop-Buy (TSB) to delay your buy and track the price. When you buy, you never know if you’ve purchased at the bottom. These features may sound complicated, but they’re quite simple! ![]() Tools that could be helpful when buying are the Trailing stop-buy, DCA, Short, and Trailing stop-short. Some of these tools help you to buy for better prices, while others help to sell automatically en with even better profits. We divide these tools in 2 groups: buying & selling. We will describe them shortly, but also prove a link to a more extensive explanation. There are several tools that are useful for semi-automatic traders. This way, you can do your own analysis on the price, but utilize our unique features to sell automatically. With semi-automatic trading, you are the one who opens up trades, but use the bot to sell them automatically. This way of automated trading can be useful for those who aren’t ready to dive deep in the world of algorithms and algorithmic trading and for those who like to keep the buying decisions by themselves. We will cover the following automated trading methods: Semi-automatic trading, copy trading, and fully automatic trading. There are several ways to start your automatic trading adventure, each with their own difficulty. Luckily, making automatic trading easy is our core business. The holy grail of trading, and probably the reason why you’re here in the first place: automatic trading.Īutomatic trading is a revolutionary way of trading and hasn’t been available for retail traders for so long.
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