How to use YouHodler MultiHODL? Trading Review 2021 PlatoBlockchain Data Intelligence. Vertical Search. Ai.

How to use YouHodler MultiHODL? Trading Review 2021

How to use YouHodler MultiHODL? Trading Review 2021 PlatoBlockchain Data Intelligence. Vertical Search. Ai.

After this, you can adjust take profit (TP) and margin call (MC). As you can see in the screenshot below, the take profit price must be less or equal to a certain price given by YouHodler. Also, the margin call price must be greater than a certain price, given by YouHodler. This is true for a long position and reversed for a short position.

You have 2 alternatives for both of them

  • Set the TP and MC as a change from current value
  • Set the TP and MC as a level

Example

Let´s say you open a trade worth $1000 with 5x leverage, worth in total $5000 at BTC price $5000

Now, you can either set you take profit as $500 under “change” or $5500 under “level”.  

Source: https://www.cryptocointrade.com/crypto-trading-blog/how-to-use-youhodler-multihodl-trading-review-2021/

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