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do you have to place a sell order on your binance exchange then a trailing stop sell order on Trailing crypto platform…how do you sell a coin and what would you expect to see on the trailing crpto platorm wallet will ir be under available or pending.
How would you know if the trailing stop sell has been activated….please could someone explain step by step how the process will work and what indicators you are to look out for to know that your command to trailing stop has been activated and is will be successful.


“Case 1 Take Profit with Market Sell:
Suppose the current bid price of NEO is $100. Now someone placed a Take Profit with Market Sell order, for 1 NEO coin with a stop value $110. Now when the NEO market bid price hit $110, a Market Sell order will be placed at $115.”
Why $115? Should not there be $110?


My undertanding is that the Market Sell order value in Case 1 in hypothetical example above should be 110 and not 115.


I see that you can’t enter a stop price below the current price. How would you use this Take Profit function on an open short position, considering to take profit the price has to be lower? Particularly using the Trailing option.

Would love your thoughts, please comment.x