Question 1

When is it appropriate to use trailing in the MoonBot terminal?

Accepted Answer

Trailing in the MoonBot terminal is usually used when a coin grows long and smoothly without sharp dips. Typically, trailing is turned on after 2% of a coin's growth. Setting a trailing stop at less than 2% is not advisable, because then trades will often close at the trailing stop. Once the price reaches the sell level, the trade will close and the trailing line will disappear.

Question 2

When is it appropriate to use trailing in the MoonBot terminal?

Accepted Answer

Trailing in the MoonBot terminal is usually used when a coin grows long and smoothly without sharp dips. Typically, trailing is turned on after 2% of a coin's growth. Setting a trailing stop at less than 2% is not advisable, because then trades will often close at the trailing stop. Once the price reaches the sell level, the trade will close and the trailing line will disappear.