Ep. 25 - Trading Terms and Strategies
CRYPTO 101
00:00
How to Manage Automated Trades on the Exchanges
Some exchanges are more advanced than others when it comes to this, allows you more options. For example, beatrix uses conditional orders. If it hits 50 or less, then sell. You can set a stop limit order, which means, i will buy at 60, but i won't buy higher than 65. And the same thing from going down. You can sell at, say, 60, but you won't sell at anything below 55. These are actually six different ways that you can manage automatically on your exchanges. But erybody has their own strategiesn their own usage for these tools that are on the exchanges. and you just got to figure ot which one's best for you
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