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.

qr-code-download-app-goodcrypto

How to Set a Trailing Stop For FTX In GoodCrypto?

STEP 01
Connect FTX Account

Add the API key to your existing account

STEP 02
Adjust FTX Trailing Stop

Simple set up
with visual guides

STEP 03
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.
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.
FTX 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.
FTX Trailing Sell 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 Stop Loss FTX 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.
Trailing Take Profit FTX Order

get the app. start trading smarter

All your trades, bots, and portfolio in one place — across CEXs and DEXs

<span>get the app.</span> start trading smarter

FTX Trailing Stop Loss Bot By 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.
Binance Trailing Stop Loss Bot In GoodCrypto

FTX 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!
Binance Stop Loss and Take Profit Combos

FTX Trailing Stop Order Basics

why goodcryptoX?

obj
unique trading tools

Limit and trailing orders, no-code trading bots like Grid, DCA, TradingView Strategy, and a lot more

non-custodial

Connect your own exchange accounts via API keys and retain full control over your funds at all times.

revenue share

Hold GOOD tokens and get 50% of all swap fees collected by the platform. Get a 1.5x multiplier with our Ultimate NFT.

trading rewards

Receive GOOD token rewards by trading with our Hyperliquid trading bot. The more you trade – the more you earn!

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.