Introducing right-click trading: Place limit and stop orders directly from price charts

7 months ago 113

Cryptocurrency trading requires precision, velocity and strategical hazard management. Kraken Pro’s caller right-click diagnostic enables clients to spot limit and halt orders straight from a cryptoasset’s illustration for much intuitive, little mistake-prone trading.

This upgrade is each astir refining your trading process, allowing for contiguous enactment based connected illustration investigation without the request to navigate distant oregon manually participate elaborate bid accusation each time.

Why chart-based bid placement matters

The easiness and accuracy that comes with mounting bounds and halt nonaccomplishment orders straight connected a illustration tin assistance you debar mistakes that sometimes hap with manual bid signifier entry, specified arsenic inadvertently selecting the incorrect bid benignant oregon buy/sell direction. By interacting straight with the chart, you tin guarantee your orders correctly bespeak your investigation and intentions.

Intuitive entries and exits

Right-click trading enhances your quality to program trades by visualizing introduction and exit points straight connected the chart. With a straightforward right-click action, you tin acceptable a limit merchantability oregon halt nonaccomplishment bargain above the existent terms oregon a limit bargain oregon halt nonaccomplishment sell beneath it, aligning your commercialized setup with your marketplace investigation successful real-time.

Example scenario: MOON/USD

  If a trader believes that the MOON/USD brace is connected the verge of breaking retired to caller all-time highs, they mightiness take to leverage this momentum. This tin beryllium done by placing a strategical limit bargain order astatine the enactment levels and a stop-buy order somewhat supra the breakout price, aiming to capitalize from the anticipated uptrend. 

For a applicable objection connected however to acceptable up some types of orders from the illustration utilizing our caller right-click functionality, notation to the illustration successful the video below:

Turn connected bid signifier previews: edit orders (drag & drop) straight from the chart

Utilize precocious features for informed trading

Kraken Pro’s right-click trading for bounds and halt orders, on with the quality to acceptable price alerts straight connected the chart, enhances your trading toolkit. This integration not lone simplifies the trading process but besides empowers you to marque swift, informed decisions, minimizing the hazard of input errors and keeping you successful tune with marketplace movements arsenic they happen.

Explore caller dimensions of intuitive trading with Kraken Pro and instrumentality afloat vantage of chart-based bid placement and terms alerts for efficient, precise trading strategies.

These materials are for wide accusation purposes lone and are not concern proposal oregon a proposal oregon solicitation to buy, sell, involvement oregon clasp immoderate cryptoasset oregon to prosecute successful immoderate circumstantial trading strategy. Kraken does not and volition not enactment to summation oregon alteration the terms of immoderate peculiar cryptoasset it makes available. Some crypto products and markets are unregulated, and you whitethorn not beryllium protected by authorities compensation and/or regulatory extortion schemes. The unpredictable quality of the cryptoasset markets tin pb to nonaccomplishment of funds. Tax whitethorn beryllium payable connected immoderate instrumentality and/or connected immoderate summation successful the worth of your cryptoassets and you should question autarkic proposal connected your taxation position. Geographic restrictions whitethorn apply.

The station Introducing right-click trading: Place bounds and halt orders straight from terms charts appeared archetypal connected Kraken Blog.

Read Entire Article