Superorder Basics: Some Examples of Trading Strategies
Hi, fellow traders! Today, we have a quick guide dedicated to our main feature — strategy editor. As you know, it’s easy to create strategies. All you need is our builder and a trading plan. Choose the desired orders and conditionals, link them to other ones, and don’t worry about trading. Superorder will handle it with powerful automation capabilities.
However, it’s not a cakewalk to design a profitable strategy. You need some insights into prices, charts, and analysis. Also, often, it’s difficult to start placing orders without examples. Look no more!
In the next few sections, we will show how to arrange orders, use Forks, and set reliable trading plans. Actually, it’s simpler than you might think. Join Superorder and enjoy.
Trailing Stops
These tools are used as a dynamic alternative to Stop Loss orders. With them, you can easily get a coin for the lowest price or then sell it at peak. What’s more important, Trailings don’t require manual control — they move automatically by following prices.
Here are two examples:
- Buy Trailing Stop. Used to get the assets cheap.
- Sell Trailing Stop. Used to get high profits.
Stop Loss + Take Profit
Via using Forks, you can split strategies and foresee two outcomes. For example, purchase coins, then create an OR Fork and put a Stop Loss order plus a Market Sell order. If the price goes up, it will trigger the selling scheme. Otherwise, it will activate Stop Loss.
Stage Trailings
Here, we use Forks in a more complicated way. Instead of OR options, we use AND Forks to create several stages. Started with the initial purchase, the strategy is followed by a Trailing Sell that reduces losses and a Trailing Buy that helps to buy more during the downtrend. This AND Fork can be repeated several times for better forecasting.
Sell All
A simple chain that helps to get rid of both BTC and altcoins during a great dump. It works wonderfully to mitigate risks during bearish trends. It also utilizes AND Forks to sell all coins.
Buy Back
On the other hand, you may be interested in huge purchases when bulls get an advantage. Thus, the strategy waits for the best rate. Then, it also uses AND Forks to buy BTC via a Trailing Buy and altcoins via Market Buys.
More Useful Tips & Tricks
If you need more insights and suggestions, be sure to check Superorder trading guide with all the required info for beginners.
Also, you can take a look at a more specific article dedicated to MACD and RSI indicators. There are a few tasty use cases, too.
Finally, don’t forget to clap and share this info if it was useful for you. We appreciate this highly. And don’t forget about Superorder — cool news are around the corner. See you!