https://3commas.io/?c=pste
How does Trailing Take Profit work?
Even cooler on 3commas is the #TrailingTakeProfit feature.
Its like Take Profit combined with Trailing Stop Loss. So how does it work?
Lets say you buy 1 coin for $100 and set Take Profit of +5%, at $105.
After a while the coin price reaches $104 and Trailing Take Profit does the following:
No. Coin price for 1 unit Trailing Take Profit value Transaction status
1. $104.50 $105 Open (Bought)
2. $105 (rise) $103.95 Trailing Take Profit activated
3. $104.30 (correction) $103.95 Trailing Take Profit activated
4. $105 (rise) $103.95 Trailing Take Profit activated
5. $106 (rise) $104.94 Trailing Take Profit
6. 107$ (rise) $105.93 Trailing Take Profit activated
7. 108$ (rise) $106.92 Trailing Take Profit activated
8. $107 (correction) $106.92 Trailing Take Profit activated
9. $110 (peak of rise) $108.90 Trailing Take Profit activated
10. $109.24 (begins to fall) $108.90 Trailing Take Profit activated
11. $108 (fall) $108.90 Closed, sold at approx. $108.80
To see how it works, have a look at this gif: https://gifyu.com/image/pThm
Start #SmartTrading on #Binance, #Bittrex, #Bitfinex, #kucoin and #Poloniex or any #ethereum wallet on
https://3commas.io/?c=pste
