Features of the exchanges are very limited. When you're trading on the exchange, you have various problems:
- You have to wait until your buy order is filled, in order to set your stop/target orders.
- You cannot use stop-loss and take-profit orders simultaneously, because the coin balance is blocked in one order.
- You manually exit positions because you simply cannot automate the strategy as you like.
- After taking partial profits, you have to adjust your stop-loss amount manually.
- Exchange does not send you order notifications, so you need to use a price alert app to get notified of these updates.
What if you could easily set your entry, stop-loss, and targets in a few seconds, and:
- Automatically wait for order fills, and handle unfilled orders
- Automatically switch between stop-loss and take-profit based on the price movement
- Automatically exit your positions
- Automatically adjust stop-loss order amount after taking profits
- Receive notifications like "entry order filled", "stop-loss triggered", "TP1 reached"
CoinPanel's Full Trade feature automates everything for you, so you can easily automate your trading strategy, and have peace of mind in your daily life, instead of having to monitor the markets all day.