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/biz/ - Business & Finance


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12983924 No.12983924 [Reply] [Original]

Brainlet here, which one is supposed to be bigger?

>> No.12983931

>>12983924
Stop

>> No.12983938

>>12983924
Limit

>> No.12983940
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12983940

>>12983924
you are not supposed to be trading without the supervision of your personal custodian.

>> No.12983941

>>12983931
>>12983938

stop limit

>> No.12983942

>>12983924
Total is always the biggest.

>> No.12983945

>>12983924
stop 0.0008000
limit 0.0007998

>> No.12983955

>>12983942
this guy knows

>> No.12983992

>>12983942
based and totalpilled

>> No.12984089

The stop on a sell. The stop executes the sell. You put your limit a little below that to ensure it sells before the price dumps. Ex: Stop 100 (execute limit at 100) limit(98 when stop executes limit, I will sell for anything greater than or equal to 98)

>> No.12984108

>>12984089
Can you set a stop with no limit? Essentially just market dumping your stack

>> No.12984129

>>12984089
Yeah but you have to be lucky and hope there's enough buy orders at 98 or higher otherwise you are fucked.

>> No.12984181

>>12984108
Depends on the platform,but I'm pretty sure I remember you can on Binance. Look for market stop or something like that. Otherwise just use a really low limit
>>12984129
And yeah that is the problem in a flash dump. You can just set a really low limit if you want to ensure your funds will sell and don't care about what price. Ie you could put a stop at 100 and a limit of 1 dollar.

>> No.12984211

>>12983924

It doesn't have to be bigger?

>> No.12984294

>>12984211
The Stop has to be bigger to give the Limit more time and freedom, just lost a 1k because I left them the same

>> No.12984297

>>12983945
>>12984089
Thanks based anons