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BitMEX Trailing Stop Orders

GoodCrypto's Trailing Orders are handy for highly volatile crypto markets. Trailing Stop BitMEX orders will execute at the best moment for buying or selling an asset, thereby increasing profitability and reducing trading risks in any market formation. With BitMEX Trailing Stops by GoodCrypto, you will take advantage of all trading opportunities.

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How To Set Up Trailing Stop Loss BitMEX?

Connect BitMEX Account

Add BitMEX API keys to your GoodCrypto account

Set up Trailing Stop

Simple setup
with visual guides

Trail Market Price

Trailing Stop follows the market automatically

BitMEX Trailing Stop Strategies

In the case of trending cryptocurrency markets, a trailing stop is a crucial tool. These orders help you increase your profit potential and avoid significant losses by entering and exiting positions at the best moments. Read more about all the fundamentals and benefits of trading with various types of trailing orders via the GoodCrypto app in our comprehensive guide.

trailing_buy_order

BitMEX Trailing Buy Strategy

The best way to increase profits of long (buy) positions is to use the BitMEX trailing Buy strategy for opening a position. After the setup, the order trails the market as an asset’s price declines and buys the asset when the price starts to rise from its lowest price point. The order will be filled only when the price rises by the percentage set as the trailing distance. For example, a sharp price increase of 2-3%. Thus, you can buy assets at the lowest possible price right when the bearish trend changes to a bullish one.
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Binance Trailing Buy Order

Trailing Sell Order BitMEX Strategy

With BitMEX Trailing Stop Loss, you can shield your portfolio from the next market upswing or downswing when the price is moving in a hectic way.A dynamic stop loss trails the market price, moving your Stop Loss level in your desired direction. The order will follow the price until the price trend changes and passes the amount of Trailing Distance backward.
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Trailing Stop Loss Binance Order

Trailing Stop Loss BitMEX Strategy

With BitMEX Trailing Stop Loss, you can shield your portfolio from the next market upswing or downswing when the price is moving in a hectic way.A dynamic stop loss trails the market price, moving your Stop Loss level in your desired direction. The order will follow the price until the price trend changes and passes the amount of Trailing Distance backward.
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Trailing Take Profit Binance Order

BitMEX Trailing Take Profit Strategy

If the order trigger is activated above the primary Buying price, the BitMEX Trailing Stop loss will serve as Trailing Take Profit. Such an order will maximize your gains by riding the bullish trend as long as possible. When the price reaches the initial take profit level and continues its growth, the trailing take profit will follow this uptrend until its reverses, enabling you to make the maximum profit possible. Then, a Take Profit will be triggered when the price trend moves back and overcomes a certain percentage of the trailing distance. Let’s say 2-4% from the peak.
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Manage all exchange accounts with one application!

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BitMEX Trailing Stop Bot

Binance Trailing Stop Loss Bot In GoodCrypto
BitMEX Trailing Stop Bot will increase your PnL regardless of market conditions by executing orders around-the-clock without your manual involvement. The Infinity Trailing bot by GoodCrypto will juggle Trailing Buy and Trailing Sell orders by automatically catching intense market ups or downs. Set the preferred entry/exit trailing distance, configure an affordable PnL drawdown, and launch the bot to turn any market trend into profit.
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BitMEX Take Profit and Stop Loss Combos

Binance Stop Loss and Take Profit Combos
Configure BitMEX Stop Loss + Take Profit combo orders to any order simultaneously with no balance freeze to any market, limit, or trailing order. You can even attach an additional Trailing Take Profit order to the initial one to increase your potential income. Just customize your position with a few clicks and wait for it to execute!
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BitMEX Trailing Stop Order Basics

Every crypto enthusiast should have access to the most advanced tools, such as BitMEX Trailing Stop Orders. Check out our video to ensure you understand this automated feature's fundamentals.

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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, advance your ability to trade.

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 PRO trader 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!
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FAQ

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.

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

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