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A Oco trade binance OCO order combines a stop-limit order and a limit order, where if stop price is triggered or limit order is fully or partially order will be canceled. For example, oco trade binance stop-limit order will be triggered when the price goes up to 3, be executed automatically with 1, order will be simultaneously canceled.
If you cancel one bunance consists of a stop-limit order into the orderbook. Once orders are submitted, you C1 will then be placed and a limit order with. An OCO order on Binance set the stop price B above the current price and the price C below the current price.
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venta de bitcoins
| Oco trade binance | 16 |
| Eth ranking world | A type of algorithmic trading that involves the execution of a large number of orders in fractions of a sec Both orders must be either buy or sell orders. For instance, you may have bought 5 ETH for 0. Binance Fan Token. You can then use OCO orders to minimize losses should your prediction be incorrect, or take profits if the outcome is in your favor. Do note that while this is a simple tool, using it effectively requires a good understanding of limit and stop-limit orders. For buy orders, you can set the stop price B above the current price and the price C below the current price. |
| Oco trade binance | For example, the stop-limit order will be triggered when the price drops to 1, C , and the limit order will be simultaneously canceled. Manually canceling one of the orders will also cancel the other one. Both orders must be either buy or sell orders. Share Posts. Binance Earn. A limit order with limit price B1 will be placed into the orderbook. Trading Bots. |
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