Trailing Stop

Trailing Stop is one of the key features of DEXX. This feature lets you track market prices to take profit and stop loss by setting a callback percentage in advance. When the price hits your predefined level, a market order is automatically executed, helping users protect long-term gains, safeguard capital during fluctuations, and adjust stop losses in an uptrend. For example, if you hold $Neiro and the current price is $100 with a callback percentage set at 10% and a quantity of 100%.

• If the price drops 10% from $100 to $90, the trailing stop function will be triggered, and your entire holding will be sold at market price.

• If the price rises to $150 and then falls 7% to $140, the trailing stop function won’t be triggered.

• However, if the price climbs to $200 and then drops 10% to $180, the trailing stop function will be triggered, and your entire holding will be sold at market price.

Trailing Stop Case Maximizing Gains: A user wants to sell $SUNDOG, with the latest transaction price at $0.23. He set the following parameters: [Percentage] 10% and [Quantity] 100%.After submitting the trailing stop order, if $SUNDOG rises to a peak of $0.30 and then callback to $0.27, reaching the 10% callback requirement, DEXX will automatically sell 100% holding at market price when it hits $0.27.