Bitfinex Trailing Stop Order

You no longer have to spend much time finding the best point to buy or sell an asset. Bitfinex Trailing Stop Orders will do everything for you. This order enables you to ride the trend to its end automatically while preventing all the associated risks. Bitfinex Trailing orders will quickly multiply your PnL and widen your range of trading opportunities to generate profits.

qr code download goodcrypto app

How to Set Up a Trailing Stop For Bitfinex In GoodCrypto?

Connect Exchange

Add the API key to your account

Set up Trailing Stop

Simple setup
with a few clicks

Trail Market Price

Trailing Stop follows the market automatically

Bitfinex Trailing Stop Order Strategies

A Trailing Stop order is the best tool for making a decent entry into the market or closing a position at the best possible price. The orders will allow you to drift with the market and take all the profitable price movements with absolute ease. However, each of your trades will be strictly risk-controlled with the Bitfinex Trailing order, which is extremely important for the stable growth of your capital in the long run. Let’s examine a few of the most widely used Trailing Stop strategies. You also can learn much more in our detailed guide on how to get the most out of trading with GoodCrypto trailing orders.

trailing_buy_order

Bitfinex Trailing Buy Order

The Trailing Buy order strategy is a well-tested approach to open any long position at the best price. The order will follow the market trend while it falls and will trigger a Buy order when/if the price starts to rise from its lowest point by the amount that is set as the Trailing Distance. Such a strategy will allow you to buy an asset at the lowest price and make it exactly when the trend changes.
Binance Trailing Buy Order

Bitfinex Trailing Sell Order

Bitfinex Trailing Stop Sell order does similar things, only in the opposite direction. The order will follow the price as long as it is rising and will execute a sell order when/if the price starts to pull back from its high value by a pre-set trailing distance. That is an excellent opportunity to sell (or open a short position) at the best price and get a solid profit during the trend break: when the price switches from a bullish to a bearish trend.
Trailing Stop Loss Binance Order

Trailing Stop Loss Bitfinex Order

Bitfinex Trailing Stop Loss will help keep your portfolio safe while the market is riding the sharp waves and the price moves lightning fast. The order functions as a dynamic stop loss and can follow the price from any level you want. Bitfinex Trailing Stop Loss will follow the price at a certain trailing distance and close the position when the trend changes and passes the space.
Trailing Take Profit Binance Order

Trailing Take Profit Bitfinex Order

Bitfinex Trailing Stop Loss allows you to use it as a Bitfinex Trailing Take Profit if you place the order trigger above the buy price. Trailing Take Profit is used when you want to take the maximum benefit from the price action. For example, if the market is quite active and moves in a chosen direction, you can use the Trailing order instead of the standard take profit target, which will be closed strictly at a certain price level. In this case, you will take the maximum amplitude of the price movement up to the reversal. The TP order will only close the position when the trend changes after the price passes the set trailing distance.

Manage all exchange accounts with one application!

Bitfinex Trailing Stop Loss Bot In GoodCrypto

Binance Trailing Stop Loss Bot In GoodCrypto
The Infinity Trailing bot can save you time while trading in absolutely automated mode. After the start, the Bitfinex Trailing Stop bot will execute Trailing Sell and Trailing Buy orders to ride both trends to the full extent and gain you a stable income without manual intervention. The only thing you have to do is to set up the Trailing Distance based on current volatility and make the bot run.

Bitfinex Stop Loss and Take Profit Combos

Binance Stop Loss and Take Profit Combos
Using the GoodCrypto app, you can add the Stop Loss and Take Profit Bitfinex combos to any initial order (market, limit, or trailing stop order). All this magic is available even without a balance freeze! An additional Trailing Take Profit order can also be added to any initial order on the exchange. Combos will significantly help you to increase your target PnL results to the next level. Set up any position in just a few clicks directly from the GoodCrypto interface and enjoy watching the profits from your chosen scenarios. Cryptocurrency trading has never been easier!
What Is Bitfinex Trailing Stop Order?
Bitfinex Trailing Stop Order is an advanced automated feature of the GoodCrypto platform, which makes it possible to pre-set different order conditions to protect a trader from unexpected market movements or make a higher profit. Trailing Stop Order is intended to maximize profit by selling assets at the highest possible price and minimizing loss by functioning as a dynamic stop-loss order.
Why do you need Trailing Stops by Good Crypto?
  • Good Crypto Trailing Stop orders are available on 35 crypto exchanges
  • Take Profit and Stop Loss orders can be attached at once, to any order you send, with no balance freeze.
  • There are 6 different types of Trailing Stops:
    • Stop Market
    • Stop Limit
    • Trailing Stop Buy
    • Trailing Stop Limit Buy
    • Reverse Trailing Stop
    • Reverse Trailing Stop Limit
  • They will help you achieve all your trading goals and reduce possible risks.
  • Trailing Start will define the price level of Trailing Stop activation
  • Infinity Trailing bot allows you to trade with Trailing Stop Bitfinex orders automatically and get even more profit.

Why Good Crypto?

Advanced Trading Functionality

Advanced order types, automated trading strategies, charting, technical indicators, trading signals, and a lot more for 35 leading crypto exchanges

Simple Intuitive Interface

Every advanced tool can be mastered and set up with a few clicks. Good Crypto provides a unified and intuitive trading interface for 35 leading crypto exchanges. Becoming a PROtrader has never been easier!

Best Value

GoodCrypto provides its users with the most advanced trading features and tools for profitable trading at the lowest price on the market. What is more, you can try all of them for free with a 14-day trial. Check it out now!

FAQ

Yes, it does, but with much narrower functionality and customization than in the GoodCrypto app. Also, the native Bitfinex trailing stop order freezes a user’s balance, while Good Crypto does not. Nevertheless, we provide our users with the best tools and a user-friendly UI. So check it out right now!

Add the Bitfinex API key to our app and enjoy trading with Trailing Stop on Bitfinex, with Stop Loss and Take Profit combos, Trailing Stop Loss bot, and other advanced order types.

In our definitive guide, find all details about configuring the Bitfinex API key and adding it to Good Crypto.

Plenty of features are available in GoodCrypto for free. However, some advanced Trading & Analytical tools are available only in the PRO package. If you want to use the app at full blast, start with a 14-day free trial and give it a try!

GoodCrypto is one of the most secure crypto trading apps on the market. 

  • We don’t have access to your funds.
  • We don’t require your wallet’s private keys.
  • The app supports immediate on-device asymmetric encryption of all API keys and user data.
  • All internal connections are encrypted, and backend services are encrypted and firewalled separately.

Please find more details about Good Crypto’s security on our Security page.

Everything is very simple:

  • Download the GoodCrypto app. 
  • Create an API key for your crypto exchange(s) and add it to GoodCrypto.
    * More details on how to configure API keys may be found here.
  • Start a 14-days free trial to take full advantage of the best trading tools GoodCrypto has to offer.

Get the App. Get Started

Keep your portfolio in your pocket. Trade at any time, from anywhere, on any exchange and get the latest market insight & custom notifications

phone

Let’s stay in touch


We value your privacy. We never share customer data with
third parties for marketing.