Cryptohopper offers users the ability to execute manual trades directly from their dashboard. In this guide, we'll walk you through the process of manual trading using Cryptohopper's two dashboards: the Dashboard and the Advanced Dashboard.
Dashboard
Navigating to the Manual Trading Section
Scroll down on the Dashboard until you see 'Manual buy order' on the right side of the screen.
Placing a Buy Order
Determine which cryptocurrency you want to purchase. You will see the highest bid and lowest ask values displayed.
Choose between a limit order or a market order. With a limit order, you can select one of the displayed options or set your own price. If you select a market order, the order will be filled immediately. Check out our video 'Market orders VS Limit orders'. Decide on the quantity of the cryptocurrency you wish to purchase, then click 'Place buy order'.
Additional Buy and Sell Options
These options are only available when you have a Cryptohopper subscription:
You can set a Take Profit percentage or enter a sell rate to automatically sell your open positions when these conditions are met.
Use the Trailing Stop-Buy feature to track price movements and open a position when the price exceeds a specified percentage, aiming for a better buy moment.
Advanced Dashboard
Locating the Order Form
On the left side of the Advanced Dashboard, you'll find the 'Order form' section.
Placing a Buy Order
Determine which cryptocurrency you want to purchase. You will see the highest bid, lowest ask, and last price values displayed.
Choose between a limit order or a market order. With a limit order, you can select one of the displayed options or set your own price. If you select a market order, the order will be filled immediately.
Decide on the quantity of the cryptocurrency you wish to purchase, then click 'Place buy order'.
Additional Buy and Sell Options
These options are only available when you have a Cryptohopper subscription:
You can set a Take Profit percentage or enter a sell rate to automatically sell your open positions when these conditions are met.
Use the Trailing Stop-Buy feature to track price movements and open a position when the price exceeds a specified percentage, aiming for a better buy moment.
Use Trailing Stop-Loss to track the price upward and sell when the price drops more than your set percentage.
Use Stop-Loss when you always want to sell a position when your set percentage of loss is reached.