Post
Topic
Board Trading Discussion
Merits 1 from 1 user
Dynamic Stop Loss?
by
cryptoabundance
on 18/01/2018, 20:01:39 UTC
⭐ Merited by LoyceV (1)
Hello,

is there a stock exchange with dynamic stop loss?
E.g. Bitcoin is now about 10.000 €. If you set market limit to let's say 11.000 € you gain 1.000 €. But Bitcoin might go higher, like 12.000 € so you would miss out.

I would like the stop loss limit going higher with the price and stay say 5% below. So, for 10.000 € it automatically adjusts to 9.500 €. If the price drops below 9.500 € than sell. If the price goes up, hold and adjust. At 12.000 € the limit adjusts to 11.400 €.

Is this possible with some kind of dynamic limits or is this rather a trading bot material?