06. Trailing Stop Market Order

Updated June 3, 2021

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

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