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Bittrex Trailing Stop Order

Are you looking for the best point to enter or exit a trade? GoodCrypto's advanced Trailing Stop Bittrex orders will perfectly solve this issue. Regardless of the market cycle, trading with Trailing Stops on Bittrex through the GoodCrypto app reduces the potential risk of loss and boosts PnL. In addition, Trailing Stop Bittrex orders will help you capitalize on any market opportunity and ride the trend till its end.

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How to Set a Trailing Stop For Bittrex In GoodCrypto?

Connect Bittrex Account

Add Bittrex API keys to your existing account

Set up Bittrex Trailing Stop

Simple setup
with visual guides

Trail Market Price

Trailing Stop follows the trend automatically

Bittrex Trailing Stop Order Strategies

Every crypto go-getter should be armed with the most sophisticated trading tools to achieve their strategic goals and make profits. GoodCrypto helps its users become successful traders with the most-wanted features, including a wide array of Trailing Stop Orders. Trailing Stops on Bittrex will let you take advantage of all parts of the profit, whether you are buying or selling an asset. This tool will assist you in making profits and reducing the risk of losses by riding the price wave until it moves in the desired way, till its very end. First, read our comprehensive guide on Trailing Stop Orders, which outlines all the details and edges of Bittrex Trailing Stop orders, to comprehend this trading tool. Now, let's explore the main Trailing Order strategies that can be used on Bittrex separately to find out how and when to apply them.

trailing_buy_order

Bittrex Trailing Buy Order

Trailing Buy order strategy will work best to enter long (buy) positions. After the setup, the trailing order follows the current market price as it declines and places a Trailing Buy order if/when the price breaks out of its downtrend by the percentage of Trailing Distance, which you setup manually. It allows you to buy an asset at the bottom, just when the price trend changes its direction.
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Binance Trailing Buy Order

Bittrex Trailing Sell Order

Trailing stop-sell is the best way to get out (sell) of long positions. As the market price rises, the order follows it, and if/when the price declines by the predetermined amount of the Trailing Distance from its high, it places a Sell order. This strategy will help you sell at the highest possible price and get the maximum profit by exiting the market when the price trend reverses.
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Trailing Stop Loss Binance Order

Trailing Stop Loss Bittrex Order

Trailing Stop Loss Order is a must-have tool for every trader who doesn't want to lose money but wants to reduce the time spent watching the charts. It works as a dynamic Stop Loss that follows the price trend and activates when the price goes against you and passes a pre-set trailing distance. In a nutshell, it ensures that you exit a position with a maximum profit and minimal profit loss when the price trend eventually reverses.
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Trailing Take Profit Binance Order

Trailing Take Profit Bittrex Order

Similarly to Trailing Stop Loss, it’s a dynamic Take Profit order. After a setup, the order follows the trend in a sleeping mode and is activated when an asset’s price crosses your pre-setup Take Profit level. Since this moment, the order will start trailing: follow the trend. If the market price rises further, the Trailing Take Profit order will follow it, enabling you to make more income than with the simple Take Profit (TP) order. Trailing Take Profit will close the position only when the trend reverses and the price falls by the predetermined trailing distance. As a result, Trailing Take Profit will ignore minor downward price swings until it is activated, enhancing your chances of capturing a strong rally.
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Trailing Stop Loss Trading Bot for Bittrex In GoodCrypto

Binance Trailing Stop Loss Bot In GoodCrypto
Trade with Bittrex trailing stop orders automatically around the clock, without your input, by using the Infinity Trailing bot. When continuously entering and exiting positions, the algo robot will automatically submit Trailing Buy and Trailing Sell orders to ride up and downtrends for you completely. Launch the bot after specifying your appropriate Trailing Distance depending on market volatility. Remember to set a PnL drawdown level to protect yourself from losses by fixing your gains at the right moment.
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Bittrex Stop Loss and Take Profit Combos

Binance Stop Loss and Take Profit Combos
Any order you send with Good Crypto can be accompanied by a Take Profit and Stop Loss order, forming the combo without the trading balance being locked. The combo of Take Profit + Stop Loss Bittrex orders is activated as soon as the base order is filled. When one of the orders (TP or SL) is filled, the other is canceled automatically. GoodCrypto also allows you to change your Bittrex Stop Loss or Take Profit into a Trailing Stop Loss or Trailing Take Profit to better align with your desired risk-to-reward ratio. Adjusting your trading strategy only requires a few clicks. However, it takes time for the order to be filled.
Try Take Profit + Stop Loss Combo

Bittrex Trailing Stop Order Basics

We at GoodCrypto try to make your trading as beneficial as possible. In this comprehensive video, you will learn how to make it so by correctly using the Bittrex Trailing Stop automated feature.

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Why Good Crypto?

Advanced Trading Functionality

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

Simple Intuitive Interface

Every advanced trading tool can be set up and launched 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!
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FAQ

Well, Bittrex supports Trailing Stop and Stop Limit Orders, but only for the web, unlike GoodCrypto orders that are available anytime, on any device, and have comprehensive setup options and functionality to make your trades as successful as possible.

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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