š Maximizing Gains with Trailing Stop Orders š
I recently leveraged a combination of trailing stop orders to navigate the volatility of the $TRUMP token, achieving a 14.41% return on my trade.
š Strategy Breakdown
Buy Trailing Stop Order:
Activation Price: $45 (when the token was around $60)
Trailing Delta: 10%
Execution Price: $44.21 (after hitting a low of $40)
Sell Trailing Stop Order:
Activation Price: $55
Trailing Delta: 8%
Execution Price: $50.58
By carefully setting activation prices and trailing percentages, I was able to capitalize on market movements while limiting downside risk.
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