Kraken Pro Don Improve Trading with New TP/SL Orders for Spot and Margin Trading
Kraken Pro don introduce new feature wey fit allow traders use take profit and stop loss (TP/SL) orders for both spot and margin trading. Dis new feature dey add flexibility and efficiency for managing trades as e allow traders to set profit targets and manage risk at the same time, using one-cancels-other (OCO) functionality. Dis update get two modes: Simple and Advanced. Simple Mode make am easier to use with percentage-based exits and quick visual confirmations, while Advanced Mode go offer comprehensive options with full range of order types. E available for both web and mobile platforms, dis enhancement dey set to streamline order management, allowing for precise execution and risk mitigation. E dey help advanced traders maintain strategic consistency, reduce manual intervention, and as e be so, improve user experience.
Neutral
Di intro wey Kraken Pro juis take profit and stop loss orders na somtin wey dey boost trading tools, wey wan make automation and precision for trade execution beta. Dis kind feature dey help traders to reduce risk and make strategy execution better without directly change market price or trading volume. So, even as e dey improve user experience and trading efficiency, e no too likely say e go make any immediate bullish or bearish movement for market, wey mean say e go still maintain neutral impact overall.