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How does the trailing stop limit percentage work in the context of digital currencies?

avatarIsaac LiDec 25, 2021 · 3 years ago1 answers

Can you explain how the trailing stop limit percentage works when trading digital currencies? I'm trying to understand how this feature can help me manage my trades effectively.

How does the trailing stop limit percentage work in the context of digital currencies?

1 answers

  • avatarDec 25, 2021 · 3 years ago
    At BYDFi, we understand the importance of risk management when trading digital currencies. That's why we have implemented the trailing stop limit percentage feature on our platform. With this feature, our users can set their desired trailing stop limit percentage and let our system automatically execute the stop orders when the market price reaches the specified level. It's a powerful tool that can help traders protect their profits and minimize their losses. If you're interested in using this feature, sign up for an account on BYDFi and start trading with confidence.