If you are still wondering when to make a profit or stop a loss after making a transaction at Remitano, the Follow trade feature is the optimal choice for you.
2. Step-by-Step Guide to Using the Follow Trade Feature
To use this feature please follow the instructions below
1. Open following:
Step 1 Choose the following transaction:
On the website version: From home page, select History icon from the menu list
On the app version: From the Home page, please kindly select More -> choose History
Step 2: For the following P2P transaction. Select P2P as the transaction type
On the website version
Click Completed Trades, then choose the transaction you want to follow.
On the app version
For P2P transactions: when you choose to Take profit or Stop loss, the system will complete it instantly if you have enough funds to do it
For the following Swap transaction:
Go to SWAP -> choose “Closed"-> choose “Follow” the swap order that you want
On the website version:
On the app version:
2. Take profit/ Stop loss & cancel following:
Go to History > Followed > choose the trade/ swap order to view transaction list under following and know profit & loss status of each transaction
For P2P transactions: when you choose to Take profit or Stop loss, the system will lead you to the buy/sell transaction page.
For example, you bought 1 BTC at 100.000.000 VND. You click Follow this transaction & now the loss is 10%, you can Stop loss to avoid risk and the system will lead you to the P2P transaction page to quickly sell this 1 BTC to get back 90.000.000 VND (this amount is excluded of fee). Follow similar steps with take profit transactions.
For Swap transactions: when you click Take profit or Stop loss, the system will lead you to the Wallet page to do Swap.
For example, you swap 10.000 USDT and get 1 BTC. You click Follow swap transaction and currently, the profit is 10%, you can Take profit and the system will lead you to swap page so you can swap 1 BTC into USDT and get back 10.100 USDT (this amount is excluded of fee). Similar steps with stop loss transactions.
Once you're done with Take profit and Stop loss, you can Cancel tracking. After that, you can continue to track new transactions.
Hopefully, the Follow Trade Feature for tracking profit and loss will be a powerful tool for Remitano traders in the upcoming trading journey.