Binance: Stop-Limit Orders Explained, Stop-Limit vs. Stop-Loss difference

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  • Опубликовано: 14 дек 2017
  • To Trade on Binance exchange: bit.ly/goBinance
    Binance recently added the Stop-Limit order functionality for all cryptocurrency markets, enabling traders to set two stop-limits at any time in a single trading pair. This video breaks down and explains the nature of the Stop-Limit order (similar to a "Stop-Loss") and the advantages of using it when trading. Bittrex and other exchanges have similar order types, which may be named differently - "Conditional Order" - but serve the same purpose in trading cryptocurrency.
    Links:
    → Binance article on Stop-Limits: support.binance.com/hc/en-us/articles/115003372072
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    I will be posting my thoughts on different crypto-related content, news, and ICOs - and you will also be able to chat with me directly.
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    Music:
    → cmedinabeats for the background track (cmedinabeats.com)
    → C L E M E N T ! N O for providing the outro track
    Disclaimer: I am not a financial advisor. I do not recommend that you act on any of the information or sentiments contained in my videos.

Комментарии • 769

  • Romance Jones
    Romance Jones 6 часов назад

    Too Hard to create an active account can't wait until Robinhood get it all together you will lose a lot of customers. Submitted my info twice and still rejected, SMDH ridiculous !

  • Run&Gun Productions
    Run&Gun Productions День назад

    Thanks for the info
    17UEFNkqe7GkbD8anjui963c9f36k4iw87

    • dbcrypto
      dbcrypto  День назад

      You're welcome

  • Chris Shermer
    Chris Shermer 2 дня назад

    oi mate.. you really missed explaining to people that they will not get filled with a surety of at least 50 percent and will hold a bag despite having placed the stop limit order. binance stop limit sucks. thats a FACT. you will get so much slippage or not get filled at all. its terrible. its cost me so much. and it doesnt get better the more you try it.haha its absolutly terrible. maybe if you are trading only 0.001 volume of something but above that you are screwed

  • James Howard
    James Howard 2 дня назад

    In reality it just means half your stops will never get triggered. We need stop loss (market) orders asap.

  • CrashPCcz
    CrashPCcz 4 дня назад

    God bless you. First time the explanation I understood well from get go. Many thanks!

    • dbcrypto
      dbcrypto  4 дня назад

      Thank you, good luck and all the best

  • Expat30
    Expat30 5 дней назад

    Awesome explanation. How about if I set a limit only the I decided to cancel, is that possible?

  • Willem Van Riet
    Willem Van Riet 9 дней назад

    Thanks! Valuable info delivered concisely!

    • dbcrypto
      dbcrypto  4 дня назад

      Thanks Willem, all the best

  • Gabriel Vorbeck
    Gabriel Vorbeck 10 дней назад

    Clear and to the point, thanks man!
    13LLitToUxpa7peG392RKdchxmCoxf3z7C

  • Sundar M
    Sundar M 13 дней назад

    very useful

  • Bored Gorilla
    Bored Gorilla 14 дней назад

    New sub :) thanks
    3N7WQ425tyRg3TZ9x3KCgEf37KL8mkp5gk

    • dbcrypto
      dbcrypto  14 дней назад

      Thanks mate

  • Spanlly
    Spanlly 15 дней назад

    I never knew how this stop loss thing works correctly but now i do. Thank you so much and also here is my btc address: 1guU33aVKHWVtGA8NLpDxaTbQF5EDT6FP

    • dbcrypto
      dbcrypto  14 дней назад

      Thank you, all the best

  • j jones
    j jones 15 дней назад

    Ok . I want to know something and i think people below have asked similar things but not sure . I bought ETH at $AU 812 . I set my stop loss to $800 but its bed time and i want to also sell if ETH gets to $830 during the night so I reach my intended price target and take my percentage . How do i do that . Once a stop loss has been set it seems that you cannot place the second order to sell if it goes up to your price level . Is there a way to do it ? That way i have all bases covered .

    • dbcrypto
      dbcrypto  15 дней назад

      Hi mate, you cannot. Imagine your ETH is tangible, you can't put it in two places at once right now, just not possible to have two open orders for the same assets. Cheers

  • David H
    David H 16 дней назад

    Thank you for the vid and the explanation!
    My broke addr.
    1Espr61toURDwZi2PT82iwvFmcXdcS384r

    • dbcrypto
      dbcrypto  14 дней назад

      I agree that's not the best idea, haha.. all the best

    • dbcrypto
      dbcrypto  14 дней назад

      I agree that's not the best idea, haha.. all the best

    • David H
      David H 15 дней назад

      dbcrypto | TY :) I just started out and went trading without any knowledge :) Not that good of an idea :D

    • dbcrypto
      dbcrypto  15 дней назад

      Thanks David

  • Larry Gilliland
    Larry Gilliland 20 дней назад

    Thank you very much for explaining that. I have been waiting for somebody to make a video about that. It was very helpful.
    1PEeNg6cw5gQjvNYVjcLMpAGakLRoZ2g3x

    • dbcrypto
      dbcrypto  20 дней назад

      Thanks Larry, you're welcome... all the best

  • Zaz Turoc, PhD
    Zaz Turoc, PhD 21 день назад

    DIGIBYTE !!!!!!!!!

  • Ugochukwu Egelamba
    Ugochukwu Egelamba 23 дня назад

    Niceee...u've really helped me understand how to use binance better, I'll really appreciate it if u can help me out with some bits of btc though. Here: 1BEzG8eiQ7Ts3HwGZJjMiPMRncc2XCqb7o. Thanks!

    • dbcrypto
      dbcrypto  23 дня назад

      You're welcome, wish you all the best

  • AltCoin Gambler
    AltCoin Gambler 25 дней назад

    Great content but damn the Music ???????? Distracting AF !!!!!

    • dbcrypto
      dbcrypto  25 дней назад

      Yeah, stuffed up... these were the early days in my channel

  • totolac101
    totolac101 26 дней назад

    cut the music please

    • dbcrypto
      dbcrypto  26 дней назад

      How do you suppose I do that?

  • Random Royce
    Random Royce 27 дней назад

    The music is really distracting.

    • dbcrypto
      dbcrypto  27 дней назад

      Thanks, had no idea

  • Hone Pepper
    Hone Pepper 29 дней назад

    Subtle music is great too .. 🤙🏽

  • Hone Pepper
    Hone Pepper 29 дней назад

    Cheers bud. This monkey understands:)

    • dbcrypto
      dbcrypto  29 дней назад

      Thanks, all the best

  • Rodney de Grave
    Rodney de Grave Месяц назад

    The music, nice! Care to share? I basically subscrided due to it

    • dbcrypto
      dbcrypto  29 дней назад

      In the description, Rodney! Thanks mate, love it too

  • oussama ouertani
    oussama ouertani Месяц назад

    Can you please explain me how is your stop lower than your limit, so if the price drops to 6000, you order will be placed to sell for 7500? So if I understood it well the price drops from for example from 7000 to 6000, but you want to sell for 7500? Can you please explain how, because I think that I still don’t understand how it works, your clarification will be much apreciated. Thx in advance

    • dbcrypto
      dbcrypto  29 дней назад

      Hi, I was just explaining the concept... you can have limit above or below the stop, depends what you want to do with the order...

  • AVLRECORDS
    AVLRECORDS Месяц назад

    I just placed 3 STOP LIMITS!! L O L!

  • anastasmia mia
    anastasmia mia Месяц назад

    I hate the Music very distracting, Good video though very hard to concentrate with that music

    • dbcrypto
      dbcrypto  Месяц назад

      Thank you, yep I know that... can't change it unfortunately

  • keys keys
    keys keys Месяц назад

    Lovely sound...

  • Simply Do Anything
    Simply Do Anything Месяц назад

    Could I do a both limit low and high sell? Like if it goes low it sells and if it goes high it t also sells

  • Flavour Some
    Flavour Some Месяц назад

    Thanks a lot

  • Travel-Nomad
    Travel-Nomad Месяц назад

    Very good explanation, thank you!

    • dbcrypto
      dbcrypto  Месяц назад

      Thank you, all the best

  • Dan M
    Dan M Месяц назад

    total noob here, trying to understand the benefit of placing a stop limit order. If you are saying you want to buy at .00005900 but only if it reaches .00006000, why wouldnt you just put a limit order in at .00005900 and sit on it? I dont understand the "Stop" aspect. thanks in advance

    • dbcrypto
      dbcrypto  Месяц назад

      You will see the benefit if you are trying to put a sell order at a price that is below the current market price, hope that makes sense

  • Psaikodelik
    Psaikodelik Месяц назад

    The stop limit will not work on Binance or other C2C exchanges. It might work on ICO and minor altcoins. But as long as BTC is tanking, every other coin goes down with it. So, if your exchange isn't supporting FIAT that's not of much use. Unless you are using Tether, just beware of the possibility of waking up and learning that people are finally aware about Tether's fraudulent claims, they don't have a dollar for every tether and you end up losing everything, not just a percentage.
    The only solution in C2C would be analyzing charts very well, and entering the market only when you know the price might go up, otherwise just keep your Btc, Eth, Xmr, Ltc in your wallet or sell it beforehand and only trade when you know the market isn't tanking. Momentarily go ahead, trade, exchange, invest. All coins are in the accumulation phase: going up and down without really tanking or going to the moon. use Stochastic and Bollinger. Buy low sell high. If the price isn't going up just wait. It's a multi billion dollar business, theoretically you can't lose ANY money, but most do because they panic. I don't believe this entire economy is going to collapse, forever, and ever. If it does we're all fucked :)

  • phill l
    phill l Месяц назад

    Thanks for vid

  • Alaskan Mountaineer
    Alaskan Mountaineer Месяц назад +1

    I really like the music! If it were just turned down a little so your voice is a bit louder but please don't take it away! It was nice to hear some smooth music while learning

    • dbcrypto
      dbcrypto  Месяц назад +1

      Thanks mate, yeah this is a very common theme in the comments... can't change the music after the video is live, corrected in my current videos

  • Pathos69
    Pathos69 Месяц назад

    Best explaination on stop-limit I have seen. I finally understand it. Thanks

    • dbcrypto
      dbcrypto  Месяц назад

      You are very welcome, thanks and good luck

  • Rae Liera
    Rae Liera Месяц назад

    music is a turn off. had to click off.

    • dbcrypto
      dbcrypto  Месяц назад

      thanks, I'm aware it's loud.. nothing I can do, this is an old video, fixed in my new ones

  • Brutal Studios
    Brutal Studios Месяц назад

    omg stop the music when you talk lol

    • dbcrypto
      dbcrypto  Месяц назад

      original comment, thanks

  • Richard Blackmore
    Richard Blackmore Месяц назад

    Thanks bro! Very informative
    1L29SwVqTkGwjrapzTge9Q6AtBZS9rvkr2

    • dbcrypto
      dbcrypto  Месяц назад

      You're welcome, all the best

  • Tim Titus
    Tim Titus Месяц назад

    Using market to buy or sell a large amount doesn't mean you will get the price you see. Someone else could take the amount being sold before you, or your buy/sell amount may be larger than the price currently offered. I don't recommend anyone use MARKET orders unless they are trying to get out of the market fast. Limit orders should be your go-to order.

  • Traverse TheVoid
    Traverse TheVoid Месяц назад

    You can use them to make a trade for you at a specific price?

    • Traverse TheVoid
      Traverse TheVoid Месяц назад

      Yeah... I just realized how dumb that question was. But thanks for the quick reply!

    • dbcrypto
      dbcrypto  Месяц назад

      Yes

  • Pille Palle
    Pille Palle Месяц назад

    music nervs 😑

  • General Coxxxy
    General Coxxxy 2 месяца назад

    This is a horrible explanation. The comments is where the answer is.

    • dbcrypto
      dbcrypto  2 месяца назад

      What's horrible about it? I literally explain each order at the most basic level I can

  • Lance McGuire
    Lance McGuire 2 месяца назад

    Informative video. Thanks for sharing! 1nggDft5ohP6FjkpVzoo6QZ8CmEKJJmT3

    • dbcrypto
      dbcrypto  2 месяца назад

      Thanks Lance, all the best

  • Saneej Soft
    Saneej Soft 2 месяца назад

    Nice Explanation

    • dbcrypto
      dbcrypto  2 месяца назад

      Thanks Saneej

  • Parker Beck
    Parker Beck 2 месяца назад

    It's more of a Start-Limit than a Stop-Limit.

  • Canindian Crypto
    Canindian Crypto 2 месяца назад

    Thanks for the video
    13KtQtDXUpaa12MMeQ4rWJ1cZE22qWPWb9

    • dbcrypto
      dbcrypto  2 месяца назад

      You're welcome

  • Plamen P Ivanov
    Plamen P Ivanov 2 месяца назад

    Thanks for the video!
    1JgPRusyFSXujYWNpJmjdHB5XqY6HyrjpB

    • dbcrypto
      dbcrypto  2 месяца назад

      You're welcome

  • Nanda ge
    Nanda ge 2 месяца назад

    Thq..... for great info

    • dbcrypto
      dbcrypto  2 месяца назад

      Thanks Nanda, all the best

  • Aneeq .Q
    Aneeq .Q 2 месяца назад

    new to crypto world it was really helpful. 1Mrh53jHpGpFFGUp9LuyAPnz2suWFyGabR

  • SiriUs BizZ
    SiriUs BizZ 2 месяца назад

    Thank you for this tutorial! Helps a lot. Happy tradings!
    1JR1tVUT4n3YW8hKKJDEkbdfWLZW79W2MA

    • dbcrypto
      dbcrypto  2 месяца назад

      You're welcome

  • Jaswinder Sidhu
    Jaswinder Sidhu 2 месяца назад

    Nice. Could do without the background music though.

    • dbcrypto
      dbcrypto  2 месяца назад

      Got it, thanks Jaswinder

  • Gabriele Castagna
    Gabriele Castagna 2 месяца назад

    Aussie Aussie Aussie Oi! Oi! Oi!

  • Krazy Uncle
    Krazy Uncle 2 месяца назад +2

    Nice music but for future references, plz turn down the background music bro. Kinda hard to listen with your accent and music at the same time. FYI plz don't take it personal. Thanks and good explaining of stop-limits.

    • dbcrypto
      dbcrypto  2 месяца назад +1

      Thanks mate, glad this was helpful

  • Darren Santillano
    Darren Santillano 2 месяца назад

    you the best . thanx for the info realy helps me a lot BTC ADDRESS 19YbtbqjbTRTHPFY9BQ7MwKMhwHkXwsSgL

    • dbcrypto
      dbcrypto  2 месяца назад

      Thanks Darren, all the best mate

  • Yamawhore
    Yamawhore 2 месяца назад

    Please forgive me I must be retarded. It says if the last price rises to .00007000 an order to sell 1 WABI at a price of .00007500 will be placed. Okay soooo, obviously if it's going to come up to .00007500 it has to pass .00007000, so then what's the difference of just simply placing a limit sell at .00007500? I dont get it.

    • dbcrypto
      dbcrypto  2 месяца назад

      Just example of how to use the order, more practical when sell price is below market price. Nice choice in bikes too

  • Chase Blakeley
    Chase Blakeley 2 месяца назад

    Can you give an example that illustrates the reasoning behind why a stop limit or stop loss order would be advantageous compared to say a regular limit order or just in general for the trader? Thanks

    • dbcrypto
      dbcrypto  2 месяца назад

      Hi Chase, mentioned this a lot of times in other comments... beneficial when trying to prevent a loss by placing an order below current market price - hope that makes sense

  • Adi Setterfield
    Adi Setterfield 2 месяца назад

    great vid ...informative..clear...concise

  • ItsHunterrrrrrrr
    ItsHunterrrrrrrr 2 месяца назад

    Ok, so. I've done my research, and still don't quite get it. I sold some IOTA today at $1.85, and want to buy back at say $1.70 for conversation's purpose. What do I do? I'm sorry if this was answered in the video, but I just can't grasp it.

  • jk0f1
    jk0f1 2 месяца назад

    You sound too smart to explain things well, you have to explain it like you're trying to teach a retarded monkey.

    • jk0f1
      jk0f1 2 месяца назад

      dbcrypto lol i cant even remember was this vid was about so i have no clue but i just got 601 ncash coins! Im rich!

    • dbcrypto
      dbcrypto  2 месяца назад +1

      What don't you understand? Happy to help

  • Butler McDade
    Butler McDade 2 месяца назад

    I come from the futures world so all the converting of prices and such is a bit confusing yet:) But as to this video, and it was probably answered in the 1000 comments so excuse. I mainly want to use these order for protection. So I but at 100. Iwant to exit if it drops to 90...so is the stop portion the 90 and does limit portion go above or below the 90? Thanks and you sound like normal sane guy in a sea of barking shrill salesman in this space, subbing! Thanks

    • dbcrypto
      dbcrypto  2 месяца назад +1

      Thanks for the kind words, Butler - haha... I try to just deliver on the title of the video and no fluff. Yeah, so to protect a loss put the limit below the stop, if stop is hit then you limit order activates

  • Josh Rees at The Mortgage Group
    Josh Rees at The Mortgage Group 2 месяца назад

    Question. If I have 2000 coins and have limit sell orders on them if the rise to a specific price, may I also have stop-limit sell orders on those same coins if they drop to a specific price ? I am on Binance and it is telling me no coins avaialable in the stop-limit sell section.

    • Josh Rees at The Mortgage Group
      Josh Rees at The Mortgage Group 2 месяца назад +1

      Thank you

    • dbcrypto
      dbcrypto  2 месяца назад

      Thanks Josh. No, you can't. Think of them as being tangible, can't be in two places at once... cheers

  • Josh Rees at The Mortgage Group
    Josh Rees at The Mortgage Group 2 месяца назад

    Hi. Thanks for the tutorial

  • Paul Holder
    Paul Holder 2 месяца назад

    Great information thanks but..... When trying to concentrate on something totally new, I could do without the distracting music. Just sayin'. But thanks anyway.

  • Eclipse Gaming
    Eclipse Gaming 2 месяца назад

    So why is the stop part necessary at all? Cant you just set the limit order straight away . If you were buying at .00005500 it doesn't need to wait until .00006000 is to execute that, you could just place that on the books off the bat. Obviously if your limit order executes and you guy it at .00005000 then the .00006000 was reached. It seems like a wholly uneccessary step to me.

    • Eclipse Gaming
      Eclipse Gaming 2 месяца назад

      Also are Stop losses on Binance? Or is that just another name for a Stop Sell Limit?

  • Crypto Chrille
    Crypto Chrille 2 месяца назад

    If they did not reserve my funds for the sell orders i could see the smart in this like: if price reach this sell (like crashing hard) and if price reach this sell (like mooning hard)... but the way this works makes no sense to me, i cant at all see the benefits of this.

  • Navid Davani
    Navid Davani 2 месяца назад

    if I bought at $50 and want to minimize the loss, I would just a put a stop loss $45. I understand this perfectly. but somebody please tell me how it is different from stop-limit order?!!
    in stop limit, the stop first triggers it (for example, at $47) and then sells at limit order, $45. they both limit the loss by selling at $45, right?
    I am getting so confused how stop-limit can be any better than stop loss!

    • Crypto Currency Talk
      Crypto Currency Talk Месяц назад

      Navid Davani Thank you.

    • Navid Davani
      Navid Davani Месяц назад

      Crypto Currency Talk you're the best!

    • Crypto Currency Talk
      Crypto Currency Talk Месяц назад

      Stop loss order doesn't guarantee the execution at specific price, the stop loss will trigger below $45, and it will become a market order, in the good liquid market the order will get executed around $45.
      But suppose there is panic in market due to unpleasant news and the price fall straight away to $30. In that case your order will get executed at $30. And suppose the given news turned to be false and market bounced backed around $45, in that case you already incurred a loss. This is known as Gapping.
      In case of Stop Limit order you can set the Stop at $47 and can give your Limit which can be $45. In this way you can specify how much loss you are ready to bear.
      The market may be at free fall and your Stop loss order may be a good choice but I tried to answer the difference.
      Below links will help
      www.investopedia.com/terms/s/stop-lossorder.asp
      www.investopedia.com/articles/stocks/09/use-stop-loss.asp
      www.investopedia.com/terms/s/stop-limitorder.asp

  • Paul Thornton
    Paul Thornton 3 месяца назад

    Sorry, I don't quite get it. Well I sort of do, but if I put an order in to buy xyz coin via a stop limit which makes perfect sense, how can I put a stop loss on when I do not actually have any xyz coins. As far as I am aware, you can't sell something you do not own yet?

  • Steven Lane
    Steven Lane 3 месяца назад

    Love the content of this vid but that music SUX man.

  • Vasile Pintilie
    Vasile Pintilie 3 месяца назад

    Thanks.

    • dbcrypto
      dbcrypto  2 месяца назад

      You're welcome, good luck

  • Silver Jaguar
    Silver Jaguar 3 месяца назад

    I have a question I have 0.99 EOS on binance worth $9.50 but binance will only let me sell 1 is there any way I can sell it or do I just lose the 9.50... can anyone help

  • Phil
    Phil 3 месяца назад

    Thanks for the vid. What I want to know is this:- I'll just make up some numbers to help illustrate what I mean.
    Let's say I have 1 BTC (I wish :-) available on some exchange to buy other coins with. If 'XYZ' coin is currently trading around 2000 satoshi each, and I place a 'normal' limit buy order for 10,000 of 'XYX'coin at 1000 Satoshi each, making the order cost equate to 0.1 BTC, then my available BTC to place other orders is reduced by that 0.1 BTC, leaving me now 0.9 BTC available for other orders.
    If I were to place a stop limit order to buy 'XYZ' coin at 1000 Sat. with a stop of say 1,200, does that mean that 0.1 BTC mentioned earlier REMAINS available UNTIL the XYZ price falls to 1,200, and is then deducted from my available BTC ?
    I could, of course, just 'do the experiment', but I'm sure someone here can tell me.
    Also, as I'm sure many others have, I have had orders 'on the books' for some time, and when the price is reached, the order is not executed, as I presume orders are filled in the time order in which they were placed, and there were orders placed earlier than mine filling, and then the price changes 'in the wrong direction' before my order is executed. If your stop is reached on Monday, but your limit is not reached until Wednesday, will your order complete before or after a 'normal' limit order placed by someone else on Tuesday?
    I hope I got it out of my head & onto the screen clearly enough for others to 'get' what I'm talking about :-)
    Many thanks, in advance, for any illuminating answers on this...
    Cheers.

  • Greg Kienle
    Greg Kienle 3 месяца назад

    OK, I'm out after 30 seconds... your background music is A HUGE distraction...and annoying. See Yahhh.

    • dbcrypto
      dbcrypto  2 месяца назад

      See ya bro

  • Estella Havisham
    Estella Havisham 3 месяца назад

    ah... so that's what it's for. thank you so much. i'm learning new things eveyday.

    • dbcrypto
      dbcrypto  3 месяца назад

      You're welcome, good luck

  • Nathan Henson
    Nathan Henson 3 месяца назад

    so there is no stop loss in binance only stop limit? they are different right?

    • Nathan Henson
      Nathan Henson 3 месяца назад

      make sense i use it in bittrex

    • dbcrypto
      dbcrypto  3 месяца назад +1

      Put the stop and limit really close, serves essentially the same purpose

  • Jay K
    Jay K 3 месяца назад +1

    3:22 to jump to stop limit order

  • Taran Hughes
    Taran Hughes 3 месяца назад

    Thanks for the explanation

    • dbcrypto
      dbcrypto  3 месяца назад

      You're welcome, good luck

  • Serfederic Cellona
    Serfederic Cellona 3 месяца назад

    That was clear! Thanks!

    • dbcrypto
      dbcrypto  3 месяца назад

      Thank you, and good luck

  • Patrick McConnell
    Patrick McConnell 3 месяца назад

    What is the advantage of a stop-limit vs just a regular limit?

    • dbcrypto
      dbcrypto  3 месяца назад

      Nah no worries, good luck man

    • Patrick McConnell
      Patrick McConnell 3 месяца назад

      Wow... I did not notice that!! Thanks for the heads up!!

    • dbcrypto
      dbcrypto  3 месяца назад

      If you put a limit below market price, it will fill at market price (best available price), if you want to prevent a loss you can put a stop-limit below market price and prevent a loss but if it never reaches your stop price then you won't sell

    • Patrick McConnell
      Patrick McConnell 3 месяца назад

      Sorry to be a noob, but isn't that what a limit order does compared to a market order?

    • dbcrypto
      dbcrypto  3 месяца назад

      When you want to place an order below market price

  • Liberty Bear Curve
    Liberty Bear Curve 3 месяца назад

    this was extremely helpful. you made these limit orders simple to understand. I've been trying to figure it out for over a week and it's cost me a fair bit of money in the meantime. just wish it didn't take me so long to find this video. thanks for the help, i just subbed to your channel, keep it coming!

    • dbcrypto
      dbcrypto  3 месяца назад

      Thanks so much, glad this helped you. Good luck!

  • jp
    jp 3 месяца назад

    Thank you. Very well put together for a beginner like me. Look forward to your other videos

    • dbcrypto
      dbcrypto  3 месяца назад

      Awesome to hear, thanks JP

  • Anthony G Parker
    Anthony G Parker 3 месяца назад

    Great video - thanks. 16ui4KLp9KJQtfvSyzyrR5bMmPDouZKdXR

    • dbcrypto
      dbcrypto  3 месяца назад

      Thanks Anthony, good luck mate

  • Roger Bitihinda
    Roger Bitihinda 3 месяца назад

    Cool vid, great explanation
    3JkVQuoeyVVeDGSKYLNNzeCuxq27hbBJXh

    • dbcrypto
      dbcrypto  3 месяца назад

      Thanks Roger, good luck mate

  • Robert Haynes
    Robert Haynes 3 месяца назад

    your confusing

    • dbcrypto
      dbcrypto  3 месяца назад

      You're getting your grammar mixed up there, Robert

  • drowe910
    drowe910 3 месяца назад

    well done sir, you have my sub

    • dbcrypto
      dbcrypto  3 месяца назад

      Thank you my good man, enjoy your day

  • Andy Raman
    Andy Raman 3 месяца назад

    Hi thanks for the video.. 1 doubt stop loss can it be placed on Binance

    • dbcrypto
      dbcrypto  3 месяца назад +1

      You're welcome, good luck

  • Mohd Noor Azman Yahya
    Mohd Noor Azman Yahya 3 месяца назад

    i have doubt and still not find any answer below the comments..let say i bought coin X for price 100 sat, then i want to sale it @ 200 sat, assuming the current TA and trend it should be going up so i set stop@200 limit@300...then for whatever reason the price reached @299 and eventually falling back below 100 sat...since the price didnt reaching limit@300, so my order is not filled..so the question is here, is my sale still fill at stop price 200?

    • dbcrypto
      dbcrypto  3 месяца назад +1

      Answer: no

  • Frigioiu Alexandru
    Frigioiu Alexandru 3 месяца назад

    Really a good explanation, Thank you man!
    14yK6R1KquE8fhFTRiqGtQtnKkb8wrmdZ7

    • dbcrypto
      dbcrypto  3 месяца назад

      Thanks, Frigioiu

  • Ken S
    Ken S 3 месяца назад

    So for stop limit order, technically both stop price and limit price can be the same price? I am a HODLer but trying to do better than the market.

    • dbcrypto
      dbcrypto  3 месяца назад

      I don't think they can literally be the same, but you can make them a single satoshi different to achieve basically the same result... If you are thinking longer term and holding, then just hold mate... don't worry about this type of stuff, you'll most likely do better holding than over-trading

  • Bjarni J
    Bjarni J 3 месяца назад

    Why not just place the order as a limit order at 7500 sat? I mean that inferres that the price has already climbed to 7000 sat anyways? I don't understand why you would want to wait till the price reaches X to put in the order. Just put in the order and if the price reaches whatever you are selling at, it will sell at that price?

    • dbcrypto
      dbcrypto  3 месяца назад

      It was just an example to explain the theory of the order, this is most useful for selling at a price below the current market price... cheers

  • Volker Dorsch
    Volker Dorsch 3 месяца назад

    why the music?

    • dbcrypto
      dbcrypto  3 месяца назад

      To cut out the silence between words and overall dullness of commentary-type videos... I like it

  • Anthony Usoro
    Anthony Usoro 3 месяца назад

    Great explaination to stop limit orders...thank you

    • dbcrypto
      dbcrypto  3 месяца назад

      Thanks Anthony, good luck mate

  • sam
    sam 3 месяца назад

    Had a question on how to setup a sell price against etherum. So I had bought LSK for 0.027 ETH value when the Eth Value was
    1200$ & LSK value was 23$ on the same time., Now I want to put up a sell order when LSK reached 30$ . So should I be putting 0.040 as ETH value . I am getting confused in this because ETH value has now decreased to 800$ and if I setup a sell value of 0.039ETH , wont the ETH value fluctuation cause me loss? If I want to sell at 30$ of LSK , what is thevalue of Eth that i need to put considering the ETH value keeps changing as well? Could you suggest?

    • dbcrypto
      dbcrypto  3 месяца назад

      Just the nature of cryptocurrency, if the price of ETH or BTC or whatever market you are selling in changes, then the dollar value will be different...

  • The GearSet
    The GearSet 3 месяца назад

    Thanks man! So it's just basically setting sell "parameters"?

  • SANGEETH KC
    SANGEETH KC 3 месяца назад

    1000th Like From Me.
    Great Info. Thanks.
    1Gh8ZWXE8AKHj5wtBadwkDQNwMZy9AwVgw

    • dbcrypto
      dbcrypto  3 месяца назад +1

      Thanks mate, all the best

  • esckhandar
    esckhandar 3 месяца назад

    great video! for the backfgground track can't get to find cmedinabeats.com, could you be a bit more precise please? thanks a lot!!

    • dbcrypto
      dbcrypto  3 месяца назад

      Search for his Twitter profile instead, apologies if it was not clear

  • Frenki Set
    Frenki Set 3 месяца назад

    Thanks for great explanation.
    Btc Address: 12w2GEeqo5Ef7EPzQEsV2ydpByFZhLRHAX

    • dbcrypto
      dbcrypto  3 месяца назад

      Thanks, Frenki

  • Naomi Shepherd
    Naomi Shepherd 3 месяца назад

    I wish I would have found this video weeks ago. Unfortunately I have watched hours of other videos that made it so confusing. Appreciate you explaining it clearly. Also just some other feedback - that background music was distracting. But overall thank goodness for this video !!

    • dbcrypto
      dbcrypto  3 месяца назад

      Thanks Naomi, I've gotten heaps of feedback on the volume so it's much lower in my newer videos... glad this helped, wish you all the best

  • Christopher
    Christopher 3 месяца назад

    DB,
    Thank you for taking the time to make this tutorial, brother. As you know, there are a metric sh*t ton of videos out there on cryptos and trading now, but yours was well-thought and clearly explained. All the best.

    • dbcrypto
      dbcrypto  3 месяца назад

      Thanks mate, appreciate the kind words - good luck

  • Lotso Turnbull
    Lotso Turnbull 3 месяца назад

    Thanks for the great tutorial.
    1A2sjRNvPQ89EKjtEErReaBJVy6ACnmdae

    • dbcrypto
      dbcrypto  3 месяца назад

      Thanks, Lotso - good luck

  • Blake Johnson
    Blake Johnson 3 месяца назад

    His voice and explanation is soothing compared to all the noise currently in the crypto youtube space. Keep at it man! 10/10

    • dbcrypto
      dbcrypto  3 месяца назад

      Thanks Blake, all the best

  • Jonas Kupferschmid
    Jonas Kupferschmid 3 месяца назад

    Thank you awesome Video
    1ocUW3SLQCJjCpxiziBYeTKT4NGTfozjM