IronX will Offer Stop Orders among its Trading Tools
With the exchange platform`s beta version already running, IronX is working on ensuring its users` satisfaction by implementing the latest security and risk management features. Besides, native IronX platform would make possible seamless blending of traditional forex and modern crypto trading options, available through the common user-friendly client portal. The main aim of the exchange is to provide the flexibility and already established convenience of a traditional platform and combine it with the latest developments in the blockchain.
Risk Management and Volatility
Market volatility refers to the range of price movement a financial asset experiences over a given period. If the price is relatively stable, then the asset is said to have low volatility. While low volatility is considered as being a safe haven, the highly volatile market attracts contributors` views with possibilities of high returns, and this leads to an increasing number of risky investments.
The key is to have adequate risk management measures in place before trading a volatile market. Market volatility can provide an opportunity for trading or investment when the prices fall. This allows investors to consider securities that they might have never thought of investing in due to high costs.
Robust hedging based on trading strategy is vital while you are trading in the highly volatile market. Still, considering the human factor, which pushes traders to accept potential risks, while they can see the opportunity for high profits, there is a beneficial solution that may predict possible loses. If a trader does not react in time, an opportunity could be lost. The most effective way to limit potential losses is by placing stop orders before entering a trade.
What is a Stop Order?
A stop order is a tool that allows traders to buy or sell when the price of an asset passes or hits a certain level. They allow you to stick to your strategy while minimising potential losses or helping protect a position of profit. Stop orders can be used to buy or sell a security at a specific price. It is always beneficial to use stop orders in your trades in a volatile market, irrespective of your objective.
IronX Exchange aims to offer the best trading environment to its users. With the solid backing of IronFX, the global multi-asset broker, the exchange will ensure direct access to the latest industry research and analysis to deliver an outstanding experience to its clients. Allowed stop orders options will be enabled along with other trading features available at the IronX platform. That’s why IronX Exchange will stand out from the rest.
