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FTX Trailing Stop Order

Sometimes it takes great skill to determine the perfect moment to get in or out of a market. Luckily, GoodCrypto has plenty of sophisticated tools to simplify this process. The Trailing Stop FTX feature will consistently lower risks and raise profit margins on your trades. Regardless of the strategy and market cycle, FTX Trailing Stop Orders will find fresh prospects for lucrative trading for you.

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How to Set a Trailing Stop For FTX In GoodCrypto?

Connect FTX Account

Add the API key to your existing account

Adjust FTX Trailing Stop

Simple set up
with visual guides

Trail Market Price

Trailing Stop follows the market automatically

FTX Trailing Stop Order Strategies

A Trailing Stop order is an essential tool that helps traders easily enter and exit the market at better prices, which can result in significantly higher profits. Trailing Stops may be helpful in both long and short positions, enabling you to track the market as long as it remains in your favor. The Trailing Stop FTX order will aid you in locking-in profits while lowering possible risk on each trade. Go through our complete guide to discover all of the information regarding successful trading with Trailing Orders through the GoodCrypto app.

Binance Trailing Sell Order

FTX Trailing Buy Order

Trailing Buy can be perfectly applied for long positions as an entry order. In this case, a trailing order follows the market price as it falls and makes a Buy order after the price has recovered by the Trailing Distance from its deep. It enables you to buy at a lower price and sell at a higher price (with Trailing Sell) when the market trend reverses.
Binance Trailing Buy Order

FTX Trailing Sell Order

FTX Trailing Sell enables you to track the price as it rises and place a Sell order once the price pulls back and crosses the amount of the previously set Trailing Distance from its highest point. It enables you to sell at the market's high by exiting trades right when the price trend turns bearish.
Trailing Stop Loss Binance Order

Trailing Stop Loss FTX Order

The Trailing Stop Loss FTX Order comes in handy in highly volatile markets. It acts as a dynamic Stop Loss and does not limit your profit potential by following the market as long as the price moves in your favor. Moreover, the FTX trailing stop order will continuously raise the Stop Loss, ensuring that you exit the trade profitably in case of the price trend reverses.
Trailing Take Profit Binance Order

Trailing Take Profit FTX Order

If the order is filled at a price higher than the initial buy price, the FTX trailing stop loss will be converted into an FTX trailing take profit. If the market price continues to rise, Trailing Take Profit allows you to profit more than a conventional TP order. Trailing take profit, unlike trailing stop loss, ignores downward market movements till activated, boosting your chances of capturing a strong rally.

Manage all exchange accounts with one application!

FTX Trailing Stop Loss Bot By GoodCrypto

Binance Trailing Stop Loss Bot In GoodCrypto
The Infinity Trailing bot will be your time saver and help you trade with FTX trailing stop orders without your personal input. The bot will fully operate Trailing Buy and Trailing Sell orders to follow both uptrends and downtrends. What you have to do is determine a preferred Trailing Distance and activate the bot. Don’t forget to set a PnL target to maintain your profits while protecting your portfolio from significant losses.

FTX Stop Loss and Take Profit Combos

Binance Stop Loss and Take Profit Combos
Stop Loss and Take Profit FTX combinations can be attached to any order, market, limit, or trailing stop simultaneously, with no balance lock. Combos become active once your initial order is filled. Additionally, GoodCrypto FTX Stop Loss or Take Profit orders can be converted to trailing Stop Loss FTX or Trailing Take Profit orders, increasing your risk/reward ratio. Every strategy can be adjusted with a couple of clicks. So make your crypto trading as easy as that!

FTX Trailing Stop Order Basics

If you haven’t used Trailing Stop Order yet, here’s the perfect video for you to understand Trailing Stop, Trailing Buy and Sell orders, and all the basics. You will also become familiar with launching Trailing Stop Buy, and how to use Trailing Stop to Enter and Exit a position.

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Why Good Crypto?

Advanced Trading Functionality

Advanced order types, automated trading strategies, charting, technical indicators, 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. Becoming a PRO trader never was so easy

Best Value

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

FAQ

In our definitive guide, find all details about configuring the Binance 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.

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