Trailing Stop Buy. As you’re probably aware, the cryptocurrency market is one of the most volatile ever, so alan’s concern is more. The difference becomes your profit.
The trailing stop price moves down by a trailing percentage. A buy order will be issued if the price moves more than predetermined callback rate from its lowest price and reaches the trailing stop price. Trailing amount = 20 cents.
Edelbrock AVS2 Carb Ford Mustang Forum
When the price moves up, the trailing stop stops moving. This was followed by the 25% stop (0.51) and the 15% stop (0.50). However, if the security’s price moves in an unfavorable direction the trailing stop price remains fixed, and the order will be triggered if the security’s price reaches the trailing stop price. When the price moves up, the trailing stop stops moving.
