06. Trailing Stop Market Order
A Trailing Stop Market Order is a Market Buy or Sell Order that is triggered once a cryptocurrency touches a trailing amount set by the user.
Desktop
- Login to https://ndax.io/
- Once you log in you will be redirected to your dashboard
- Click TRADE on the left-hand side of the screen
- On the trade page, click BUY (Green button) or SELL (Red Button) on the right side of the screen
- Click the small GREY ARROW in the upper left corner of the screen to pick the CRYPTOCURRENCY/CAD
- Click the small GREY ARROW on the pop-up to display the dropdown list of Advanced trade orders
- Click on TRAILING STOP MARKET
- Enter ORDER SIZE
- Enter LIMIT PRICE
- Enter STOP PRICE (the specified price when the order will turn into a limit order)
- Click PLACE BUY/SELL ORDER
--
Mobile Website
- Login to NDAX
- Click the NDAX SYMBOL on the top left-hand corner
- Click TRADE from the dropdown menu
- On the trade page, click BUY (Green button) or SELL (Red Button) at the bottom of the screen
- Click the small GREY ARROW on the upper left corner and select the BTC/CAD pair
- Select TRAILING STOP MARKET
- Enter ORDER SIZE
- Enter LIMIT PRICE
- Enter STOP PRICE (the specified price when the order will turn into a limit order)
- Click PLACE BUY/SELL ORDER
To learn more about Trailing Stop Market Orders, check out our blog:
Advanced Trading: Bitcoin Trailing Stop Market Order
--
Other order types:
Did this answer your question?
Thanks so much for your feedback!
%s of people found this helpful.