Each financial instrument has a range of safety mechanisms available to help ensure that profits are realised and losses are minimised.
Incorporating such safeties, enables trades to 'stay safe' in changing market conditions.
A variety of possible safeties are described below.
A trading service comprises the trade instrument itself, incorporating the trading algorithm plus, indicators, safeties and assurances.
Incorporate Artificial Intelligence (AI) to monitor and categorise current market conditions / prevailing trends.
Safeties are designed to compliment services by 'locking-in' profits to ensure that a trading profit is not lost. (e.g. Trailing stop loss)
Automatically select and re-select appropriate safeties to suit prevailing market conditions.
Skilled traders know how to combine multiple safeties to enable a safe trading, even in difficult markets..
Automatically deploy new combinations of safeties, as required, to reduce trading risk.
CyberTrade!
cyberTrade
Stop Loss is a generic term describing ways in which a trader's investment is protected when a user defined threshold is reached.
The Fixed stop loss sells a trader's bought position when the coin price reaches a fixed threshold.
The Dynamic stop loss automatically adjusts the stop-loss price according to parameters prevailing at the time.
The Trailing stop-loss automatically exits a bought position, when the price rises or falls by a defined percentage.
Take profit describes ways in which a trader's profit is 'locked-in' as the price rises to a specified point.
The fixed take profit is used to sell a trader's bought position when the price rises to a specified point.
Take Profit - Dynamic works like Take Profit fixed, except that the price is calculated from a user defined percentage.
Roof-in is a generic term describing ways of entering the market by buying a users sold position when the trend reverses.
The Roof-In Fixed is used to buy the sold position of a user when the price rises to a specific point.
The Roof-In Dynamic safety is used to enter a bought position when the price rises above a specified percentage.
The Roof-In Trailing safety is used to enter into a bought position when the price rises or drops by a defined percentage.
The Price Pump safety monitors the price during an uptrend and sells when a reversal occurs.
The price Dump safety monitors the price during a down trend and buys when the reversal occurs.
The Bought - Long safety maintains the bot in the Bought/Long position, regardless of input from trading signals.
The Bought - long safety maintains the bot in the Sold/Short position, regardless of input from trading signals.
