What are the Default Trade Settings When I Use the 'Basic Trade' Form?

Buying The Coins

• A stop buy order is used to purchase the coins
• The entry price is the trigger
• The system checks for the price of the coin to be Less than or Equal to this value
• A market buy order is placed when the trigger condition is met
• If you enable the 'Market Buy' option, the system will buy the coins at the current market price.

NOTE: 

Laddering mode is ON by default.

Learn more about laddering mode in this article: What is laddering and how do you ladder entry prices

Selling The Coins on Target

• A stop sell order is used to sell the coins
• The target price is the trigger
• The system checks for the price of the coin to be Greater than or Equal to this value
• A market sell order is placed when the trigger condition is met

Stop loss, Breakeven, and Price to Follow

• A stop-loss order is used to sell the coins when the trade goes badly
• The stop-loss price is the trigger
• The system checks for the price of the coin to be Less than or Equal to this value
• A market sell order is placed when the trigger condition is met

NOTE: 

Stop-loss break even is ON by default.

Learn more about breakeven stop loss in this article: What does 'Breakeven' Stop Loss do?

Price to follow = Last price by default

Why are these the basic settings?

1. This provides the simplest interface for a beginner to understand.
2. Market orders mean that you always buy and sell the amount intended which reduces confusion.
3. The last price to follow is less confusing as it matches the price charts found online.