/biz/ - Business & Finance

>>18231135
frenposters do not make it

>>18231156
>>18231155
p-p-please anons ive been reading about it for the past hour but i still dont understand how it works

bump

>>18231135
Stop limit activates when you decide that if your trade isnt going as you'd hoped, say you are in the negatives, it will trigger and sell your coin before you lose more money. Its a fail safe.
Ex. If you bought at 100, hoping it goes to 120, I would set my stop limit at 90 because if it goes too far down, the risk I'm taking is more than my reward

bumpp

>>18231135
Trigger price is when you set a limit order at say 100, and the current price is at 80, I'd set my trigger price at 90 and the computer will put your buy/sell order on the books for 100 when the price hits 90. If the price doesnt hit 90 your order will not be placed. This is how people short and long the market with different scenarios for their TA.

>>18231333
checked. this is the part i dont understand even after reading what you just typed. can you give me a scenario for shorting and longing?

>>18231392
The trigger is like a if statement, when the market price matches your trigger price. The order is set for the price you set

picrelated explanation

>>18231455
im sorry i cant understand what you wrote. here is my understanding, if bitcoin is at 100 and i open a short with a price at 110 and a limit price at 130, t hen if the price goes to 110 my short position will open and if it reaches 130 it will close at a loss correct?

>>18231135
shit frend I only buy and sell market. that's how got to be the pourd owner of my shitcoin museum. ogn xtz bnb fet xlm eth

>>18231538
No you got it all wrong

>>18231538
>limit price
sorry i meant trigger price

>>18231135
if you're a brainlet, know that there are funnier ways to gamble away your money.

>>18231707
what exchange are you using??
go read the manual.

>>18231135
literally just all-in RSR

I'm pushing hard big dump is a go

>>18231765
First open short or long with a limit or market order.
Then think at what price you want to get out so you don’t lose your money this is your stop limit price set the trigger price couple units lower or higher so that your order triggers on time

>>18231135
Here. I'm bulletproof

>>18230550
Wtf is going on here someone esplain

I made this professional-grade graphic just for you fren. dont fuck this up.

>>18231993
> infected
> dismissed

>>18232416
the only problem is that in binance you have to emulate a market stop order by setting your limit order price low enough to make sure it goes through effectively becoming a market order.

>>18232136
Yes I think you got it

>>18232576
the hard part is actually figuring out where to set that stop so you dont get stopped out in vain (when you are right)

>>18229754
It's not a green screen you retard. Zoom has the ability to change your background to a picture or whatever. They even talked about it during the beginning of the meeting.

>>18232741
i always liked the bitmex interface. there is even a plugin for chrome to enable a dom interface basically letting you trade much quicker. I will try ftx since they have something I fancy which is the shitcoin perpetual index.

>>18232741
futures are a bit better in that regard but not as complete as bitmex

>>18231135
yes