Post
Topic
Board Announcements (Altcoins)
Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
by
LemonAndFriesOne
on 05/05/2017, 23:20:22 UTC
Is there a NEM exchange that has trailing stop orders?

basic stop-limit on Polo but not aware of anywhere with trailing stops for XEM. Anyone else?

I am not aware of any either.

On the topic of trading I have a question.  50% of my holdings are in XEM and the other 50% are for trading with the idea that profits would buy more XEM.  I have never seen anything like today when BTC crashed and the alts seemed to follow.  I wanted to sell some other inferior coin that was getting pumped but as I was looking to sell I noticed that BTC was getting beaten up too.  (And probably worse than the alt I wanted to sell)  I held on and didn't sell but I am not sure if that was the best thing to do.  

Does anyone know a strategy to best survive in this scenario when BTC is crashing with the alt coins?  

1. Put in what you are willing to lose.
2. Diversify.
3. Decide if you are a day-trader or long-term holder.