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12556363 No.12556363 [Reply] [Original]

I cant find any exchange that lets me do the following:

- imagine i bought 100 XYZ shitcoin at 3$.
- I want to leave an open ended limit order to sell XYZ at the following conditions:
-- if it goes up to 5$, it sells at 5$.
-- if it goes down to 2.5$, it stop losses at 2.5$.

Why all exchanges only allow me to do one of the above? If I enter my 100 XYZ for one sell order it doesnt let me enter the other.

How to prompt the exchange to execute whichever limit happens first?

>> No.12556387

> I want to long and short at the second time

>> No.12556394

>>12556363
Because it doesn't bring them joy.

>> No.12556438
File: 247 KB, 1200x1042, Brainlet_cc06fd_6615771.png [View same] [iqdb] [saucenao] [google]
12556438

>>12556387
pic related is (you)
>>12556363
you could diy something like that using apis and code

>> No.12556450

>>12556363
this HAS to be a copy pasta. I'm sure I've seen it too many times with the exact same words and cadence...

Also someone couldn't be so retarded as to spend time posting here instead of googling the same question, right?

>> No.12556465

>>12556363
OCO order type. Not available across all exchanges.
https://www.investopedia.com/terms/o/oco.asp

>> No.12556560

>>12556465
why have i never seen this one in crypto exchanges? is it so retardedly difficult to do ?

>>12556450
never posted this before in my life.

>>12556387
>long, short
i dont want to borrow contracts, i just want to create open ended orders with shitcoins i already have.

>> No.12556590

>>12556560
oh you are serious?
well the google the term "trailing stop" and after half an hour you should end up with the proper information to properly ASK a question without sounding like a newborn retard.

But to really answer your question, I haven't seen a crypto exchange with these tools yet. So you would have to build them yourself with scripts...OR build your own tradingviewcrypto clone and dominate the retail crypto market. GLHF

>> No.12556776

>>12556590
i know trailing stop orders, but im pretty sure it doesnt what i described above.

btw, Liquid has trailing stops, if youre interested.

>> No.12556775

>>12556363
Wtf, how did you buy this at $3, it’s like 0.005c at the moment

>> No.12556789

>>12556560
bitfinex offers OCO
https://support.bitfinex.com/hc/en-us/articles/115003507305-One-Cancels-Other-OCO-Order-Option

>> No.12556802

>>12556363
i used to do this on interactive brokers. i haven't seen any crypto exchanges offer this either and
that's why you need a bot for crypto trading

>> No.12557146

>>12556802
It must be said that if you can't build these api tools on your own, you should trust another source providing tools for "free." Not that long ago users on binance were ripped off by unsecure bots.

>> No.12557154

>>12557146
shoud NOT...