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

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  • dbcrypto
    dbcrypto  7 месяцев назад +1

    If you have any other questions or for anything crypto-related... feel free to join my Telegram chat
    t.me/dbcryptochat

    • dbcrypto
      dbcrypto  29 дней назад

      +Ejike Hilary Ujah Send me a DM on Telegram. Apologies for the late reply, didn't receive any notification.

    • paul fensome
      paul fensome Месяц назад

      Yes but you can't have your cake and eat it !!
      You put on a stop loss order and go to bed , feeling comfortable , but next morning to your horror while you was sleeping the stock went up 16% and then crashed to your stop loss order.
      So you missed out on 16% profit lol

    • Ejike Hilary Ujah
      Ejike Hilary Ujah 2 месяца назад

      I have been going through your feed. I find it very interesting. I own a blog that's basically about all things crypto! I would love to share your videos there with proper acknowledgements and reference. What d you think?

  • Ekesemfon Williams
    Ekesemfon Williams 10 дней назад

    This is so educational.
    thank thank you very much.
    I can now set my stop limit, you've done a great 👍 job.
    my wallet:
    1EDpvFpXDkYdTTzmnh1gySeNAoBzjKX9W9

  • The Geek Studios
    The Geek Studios 14 дней назад

    But if if set a sell order as follow for a coin say BTT:
    Stop: 0.0006000
    Limit: 0.0006500
    And once the price goes down to 0.0006000 and then it goes down and down and my limit order at 0.0006500 will not execute. Has happened to me many times. How can we save us from loss in that scenario?

  • Andrew Fountain
    Andrew Fountain Месяц назад +1

    Lost about $1,000 yesterday because I didn't watch this video and understand how to place a stop loss order. Cheers for the info.

    • dbcrypto
      dbcrypto  29 дней назад

      Thanks Andrew, sorry to hear about the trade. All the best

  • Remanutd
    Remanutd Месяц назад

    So there is no way to put a stop loss on a order on binance?

  • parfum samples2
    parfum samples2 Месяц назад

    Hi got the following error msg on binance: Order failed:The price cannot be lower than 1 any help?
    1B9GjgEnpwmLaygLU1u4MMnm9MjzRuk6EA

  • Primzz
    Primzz Месяц назад

    you confused people with setting the stop LOSS price higher than the current price was ha ha.. you should set stop loss at 6000 ,limit 5900

    • dbcrypto
      dbcrypto  Месяц назад

      The video is about stop-limit not stop-loss

  • Dondy
    Dondy Месяц назад

    Could someone please tell me if it's possible when having a position open, that it's possible to simultaneously have a stop loss active BENEATH the market price to avoid big losses, and a stop limit ABOVE the market to make sure you cash in your winnings? When I do this on Bitmex it's easy as a pizza pie, but when trying this on Binance I can only do one of the two?? After I filled in a stop loss for example, when I try to fill in a stop limit, I can only fill in "0" of my coins... in other words it doesnt work... can someone help me with this? :D

    • Remanutd
      Remanutd Месяц назад

      I want to know this as well and also how can you put a stop loss on binance? stop loss and stop limit are 2 different things.

  • foolishpoopdog1
    foolishpoopdog1 2 месяца назад

    i use apps like robinhood and webull, they implemented a spread to prevent overdraft. it gets in the way of profit big time when trying to take profit with a stop limit and never wants to exicute. how do i calculate what the spread is and how much to set my limits in order to take profit and still exicute.

  • Lone Wolfff777
    Lone Wolfff777 2 месяца назад

    The funny thing is that i just read the stop losses in a memes then immediately i search it how it works. Thanks for that memes

  • Al Jenkins
    Al Jenkins 2 месяца назад

    Had to stop watching, music making me nuts , why the music ?

  • Dr Abid Khan
    Dr Abid Khan 3 месяца назад

    bad video

  • Socal Sean
    Socal Sean 3 месяца назад

    well explained

    • dbcrypto
      dbcrypto  2 месяца назад

      Thanks Sean

  • Favourite De
    Favourite De 3 месяца назад

    Great video

  • megyn Kelly1
    megyn Kelly1 3 месяца назад +1

    and does cancelling the Sell Stop-Limit or Buy StopLimit incur a fee? 2nd question, does the 0.1% of Binance fee for each Entry and each Exit , does that 0.1% affect how much money i put in for the trade? or is it 0.1% of the profit i made. I dont get this

  • megyn Kelly1
    megyn Kelly1 3 месяца назад +1

    dammit! i dont understand the part when you say Wake up and dont have to worry about losing all your position. you can Set a stop limit . That is what you said that part i dont understand. Does that refers to the BUY part of the stop-limit OR the Sell part of the Stop-limit. Which one! we are confused! Because i have a trouble losing all my stocks and dont know how the Sell stop-limit works! your video dont explain it in depth.

  • K W
    K W 4 месяца назад

    great video - but please lose the music... so distracting. thnx

  • Anubhab Sarkar
    Anubhab Sarkar 4 месяца назад

    while selling, can Stop price could be better than Limit price, or in that case it will get executed once it touches the Limit Price only?

  • tonia cuestas
    tonia cuestas 4 месяца назад

    thanks bro! but 1 more question...using stop limit or limit order on binance, woult it automatically execute your buy/sell orders even if you're offline?

    • tonia cuestas
      tonia cuestas 4 месяца назад

      thanks! got it now

    • gajetto keibu
      gajetto keibu 4 месяца назад

      yes it does. similar to when you order something on amazon.. once ordered it should be delivered or executed even when you're offline

  • ScantlessBeatz
    ScantlessBeatz 4 месяца назад

    I found the music quite nice

    • dbcrypto
      dbcrypto  4 месяца назад

      Thanks mate

  • Antoine Jameson
    Antoine Jameson 4 месяца назад

    I wish could trade multiple stop limits with one piece of funds would be awesome, I believe there's a bot that can do this

  • pektus 24
    pektus 24 4 месяца назад

    All Ive read was the message below your screen so Ive decided to.. 3N8muwRBvr4BdF9zCCQZtFJgsyoRSdTsvb =)

  • Darklightau
    Darklightau 4 месяца назад +1

    I still don't understand why your stop limit order can sell for higher than your set limit price. What order price is actually put in the book?

    • gajetto keibu
      gajetto keibu 4 месяца назад

      yeah this did not make sense to me either

  • William Feijoo
    William Feijoo 5 месяцев назад

    you didnt specify what the limit is at the end when you were showing how to do a stop limit order. does it have to be set for a stop limit?

  • Hayden Lyon
    Hayden Lyon 5 месяцев назад

    can i set a take profit and stop loss at the same time?

  • Eternally Conscious
    Eternally Conscious 5 месяцев назад

    if you're putting a stop at 7000 and a limit at 7500 why not just put a normal sell order at 7500? I don't see the significance of the stop at 7000?

  • PuralityHD
    PuralityHD 5 месяцев назад

    So a sell limit order is the same as a stop-loss order?

  • mogtrader8
    mogtrader8 5 месяцев назад

    What is a buy to cover STOP LIMIT order. Can you give an example? Thanks

  • SuperSigma
    SuperSigma 6 месяцев назад

    Thanks! Helped me a lot!

  • Ilias Trichopoulos
    Ilias Trichopoulos 6 месяцев назад

    Thanks for the explanation! I still find it hard to understand how a stop-limit is different from a limit order.
    Say I bought bitcoin at 6000$ and I want to sell at a higher price. I see that there is a resistance level at 6500$.
    Setting a limit order at 6500$ will immediately get executed once the price reaches 6500$.
    Setting a stop limit order with stop at 6300$ and limit to 6500$, will end up to the same result if the price hits 6500$ (since it has to reach 6300$ first).
    Setting a stop limit order with stop at 6500$ and limit to 6600$, will give more profit, but this goes against my plan of selling at 6500$ and it would have been the same as if I set a limit order to 6600$.
    The only benefit of using stop-limit instead of limit that I see, is that your funds don't get "locked", until the price hits the stop. Is that the only benefit of using stop-limit instead of limit? Cheers!

  • Smith Js
    Smith Js 6 месяцев назад

    Ok now i get it - Once the price reach the 'stop' price, then put an order at 'limit' price. Thanks!

  • Ryan Cooper
    Ryan Cooper 6 месяцев назад

    by far the best video I've ever seen...real talk...on these limit, stop limits in binance... My BTC addy is --> 12cAVEoyTkUrhF181bh5Mpgpu3wZ77xAcS

  • jayc
    jayc 6 месяцев назад

    Can't watch. Really annoying loud music compared to the narrative.
    Shame as I think you have good content to offer. Change this and I'll come back. Thanks

    • dbcrypto
      dbcrypto  6 месяцев назад

      Changed a long time ago, thanks for the comment

  • ayman alfred
    ayman alfred 6 месяцев назад

    very informative

  • ayman alfred
    ayman alfred 6 месяцев назад

    thank you a lot great explanation 1NGPqP3ymfXS4Ukvidatsm9kDnex6sxxjF

  • Naked Matrix
    Naked Matrix 6 месяцев назад

    You skipped over how to enter a stop loss. Like seriously, go back and look, total waste of my time. Clickbait lol

    • dbcrypto
      dbcrypto  6 месяцев назад

      You literally can't do a stop-loss on Binance... cheers

  • Anomaly 123
    Anomaly 123 6 месяцев назад

    Thanks for tge straight forward explaination and use examples

  • Ryan Olsen
    Ryan Olsen 6 месяцев назад

    theres also a funtion that you overlooked for stop-limit , there is STOP_LOSS, STOP_LOSS_LIMIT, TAKE_PROFIT_LIMIT. TAKE_PROFIT,
    on the buy side , can be used as TAKE_PROFIT_LIMIT, TAKE_PROFIT, STOP_LOSS_LIMIT, they all have vastly different usages. or which will post a market trade up to your stop and will buy all the volume untill either you buy all the volume up to your limit price or you run out of trade volume. or it can be used as a stop-limit which posts your limit order as the price crosses the stop, the second type is visible on the books when it crosses back and forth on the stop.
    say the price was market $450 , your stop-limit buy is $450 and your limit is $460. if your trade is large enough, it will buy the price all the way up to $460. then post the remainder as a limit order at $460
    the sell stop-limit does 3 functions aswell. STOP_LOSS, and TAKE_PROFIT_LIMIT and STOP_LOSS_LIMIT, a stop-loss order posts a market trade to sell the entire volume of your trade. stop loss limit will only sell the volume of your trade that is above your limit. or post the order before it reaches your limit.
    this could protect incase there is small volume on the books and a large order might sell several % lower then where you wanted to.
    these features aren't a noticeable option on the gui they are activated based on if your limit is above or below your stop.
    or if your stop and limit is above or below market price. fairly nice of binance to make it fully functional :) and automated for the gui
    the api has no instructions for this and i had to literally test combinations to realise how these functions worked.
    luckily the gui automatically does that switch for you or you could accidentally make a trade when you don't want to. (like bittrex does)
    the api actually has seperate order types for these functions though, so they are real features.
    the readme for stop-limit on binance suggest at these features but you have to read between the lines to understand that there example uses a take-proffit-limit order. which does something similar to this example. $450 buy stop-limit with $460 limit . which will buy all the way up to $460 if you're a baller posting a buy wall at $460. then not pay any more unless the price comes back down.
    for most people trading with less than $100k , you wont really notice why stoplimits are usefull.
    when your trades are over 20k or more. its literally impossible to buy your order on the price you want you will just post a buy wall and the market will just go up as people dont want to try to buy your entire wall. but the stop limit will basically set a trap that once you triggered its too late, you just sold at the bottom and couldn't bank on the 10% gain the coin just did.
    that is SPECIFICALLY why you are supposed to trade with small trades because you never know what traps are set. your sell will trigger them... but.. sell me your coins at a discount pls :D
    this is what happens when you see the charts go directly up 10% or more in less than a few seconds.
    the bullruns that are 10's of minutes or an hour are bots buying up and not the same phenomenon.

    the terminology is actually very funny and the reason why people don't do well at trading or cannot understand why these 2 orders are named the names they are or what they are used for..
    a STOP-LOSS order is an order you would place if btc hit $10K and you wanted to sell everything. not for when something lost 20% and you want to panic sell, you actually can't even use the order to do that despite what you might think. the traditional stop loss most people know is used in margin trading only as we are not on margin we are basically trading in the position a margin exchange would be in so these terms are reversed. because margin exchanges do that it actually gives them the advantage and makes margin trading very very difficult not to mention the margin exchange is hiding close to half of the profits from the movement then stopping you out stealing your money.......... dont beleive that? if a coin goes up to $8000btc from $7000 you sell , rebuy at $7000 lower. , guess how much proffit that ? a shit ton.... nearly 30% of both sides of your trade.
    margin if you were short, stopped out before btc his $8000 then the exchange just holds onto the real money you gave them in the trade. if it goes down. no loss its not there money it can loose all it wants with no risk to them . if it goes up . they win your proffits and your trade size.
    because we are in the margin exchanges position, we also gain some the advantages they took. meaning. if you think trading cyrpto is risky or you need to be intelligent. you're actually over thinking it. in the last 2 weeks, you could have made a 20% mistake and still cleared 15% , in last winter you could make up to 60% mistakes every 2 months and still clear 110%
    a TAKE-PROFFIT , is buying at the bottom.
    if those names sounds reversed to you, good luck staying proffitable, took me a while to understand how much traditional margin exchanges were actually profitable and why they can leverage/loan 10000% without a credit check and not go bankrupt, because its impossible to loose when you aren't trading margin.... just time lost. unless you physical intervene and buy at a loss.

    selling everything at the bottom isn't even an order type. nor a common practice in trading, yet the majority still sell a the bottom.

    this is directly from there api example
    // When the stop is reached, a stop order becomes a market order
    // Note: You must also pass one of these type parameters:
    // STOP_LOSS, STOP_LOSS_LIMIT, TAKE_PROFIT, TAKE_PROFIT_LIMIT
    let type = "STOP_LOSS";
    let quantity = 1;
    let price = 0.069;
    let stopPrice = 0.068;
    binance.sell("ETHBTC", quantity, price, {stopPrice: stopPrice, type: type});

  • Hank Moody
    Hank Moody 6 месяцев назад

    Funds are safu

  • Sam Raimi
    Sam Raimi 6 месяцев назад +1

    your explanation of stop loss is terrible, a stop loss is supposed to stop you from losing, hence the name! - it does not sell at the market price as you state, in your example you should have set your "limit" slightly lower than your "stop" so that your sell actually goes off and protects you from further loss, you have it higher which negates the point of a stop loss, if the price is dropping it's hardly going to bounce back up just so your sell can go through, it purpose is to minimize losses not wait until the prices goes back up to sell!

    • Igor Juric
      Igor Juric 3 месяца назад

      exactly, that's on point. you want to keep pace with the movement and be one step ahead (or back for that matter) - either in green or red.

    • dbcrypto
      dbcrypto  6 месяцев назад

      Completely disagree... You're telling me I'm wrong about a stop-loss and you are explaining how I'm wrong while talking about a stop-limit... not even the same order, do some Googling then feel free to respond again. I'm simply explaining the order type, I agree if you want to use stop-limit to prevent a significant loss, put your limit below your stop, common sense.

  • Pim P
    Pim P 6 месяцев назад

    for example if i want to buy coins for 10$ each and take profit of 0,20$ each (autosell for 10,20$) but if it comes below 9,50$ i wanna auto sell. how do i do this at the same time?

  • Ruohong Zhang
    Ruohong Zhang 6 месяцев назад

    👍

  • David Abolarin
    David Abolarin 6 месяцев назад

    Thanks for the explanation...Could you explain how leverage works on binance especially for a new trader like me? 1JycSiDbkv2UFVpjtBDvhae6jpGfJiafqq

  • Half Man Half Cat
    Half Man Half Cat 7 месяцев назад

    It would be great if you could set it so that with a sell of a certain number of tokens/coins, you could set it to either sell at a specified price if it goes up to secure profits, &, with the same tokens also have stop loss at a certain price if it goes down to minimise losses.
    For example, if I have 100 BAT, and the current price of BAT is 0.00004000, and i'd be happy to sell if it reached 0.00005000 to secure profits, but if it dropped to 0.00003800 then i'd want to sell to cut potential losses. However it seems like I can't put the same 100 BAT tokens in an order that would fulfil both possibilities, only one or the other.
    Does this (if it makes sense) exist on any binance? And if not do you know any exchanges where it does?

  • temax
    temax 7 месяцев назад

    I don't understand why people fail to explain what a stop, a limit, and a stop-limit is. This is what happens when you learn to trade without studying the fundamentals, that you don't know how to explain it. I am sorry, but after watching all your video, I can tell that you are still confused on the difference between a stop loss and a stop-limit.

    • dbcrypto
      dbcrypto  6 месяцев назад

      I'm not at all

  • Tagheuer Woods
    Tagheuer Woods 7 месяцев назад

    Thank you so much dude, I was struggling to understand this whole concept and thanks to your video it quickly became easy, very good video

  • Agbona
    Agbona 7 месяцев назад

    Great video, explained it the Stop-Limit/Stop-Loss functionalities pretty well. Very helpful
    3EuybS5bvvQKdSxUFH6vdiikDTQAY7snr5

  • Crypto Sandro
    Crypto Sandro 7 месяцев назад

    I APPRECIATE YOUR VIDEO. I AM STILL NOT CLEAR WHAT IS THE BENEFIT OF SETTING A STOPS LOSS WITH A LIMIT. ISN’T EASIER TO JUST PLACE A STOP LIMIT SINCE IT IS NOT GOING TO BUY AT STOP LOSS PRICE.

  • Seth Fletcher
    Seth Fletcher 7 месяцев назад

    So this is how we prevent the loss of money?

    • dbcrypto
      dbcrypto  7 месяцев назад +1

      You can set a SL to prevent large losses

  • Thommo's channel
    Thommo's channel 7 месяцев назад

    Excellent clip thanks for the help mate

    • dbcrypto
      dbcrypto  7 месяцев назад

      You're welcome, all the best

  • CoinGeekClub
    CoinGeekClub 7 месяцев назад

    Perfectly explained. Thank you very much.

    • dbcrypto
      dbcrypto  7 месяцев назад

      Thanks Christopher

  • MMABeijing
    MMABeijing 7 месяцев назад

    bad explanation

    • dbcrypto
      dbcrypto  7 месяцев назад

      No problems, I think you are getting confused with the terminology... at 5:30 I begin talking about stop-LOSS which is different to stop-LIMIT... when I am talking about stop-losses, there is no 'limit' at all... because a stop-loss involves selling at MARKET price when a stop is reached... hope that clarifies things, stop-limit and stop-loss are not the same

    • MMABeijing
      MMABeijing 7 месяцев назад

      5:30, I would actually venture to say that your explanation is not unclear but inaccurate and misleading.When you want to protect your investment and decide to use a SL sell you should have your limit price lower than your stop price. For a SL buy that's reverse. I don't understand how you set your stop sell at 6000 and your limit at 7500.
      did I miss anything?
      thank you

    • dbcrypto
      dbcrypto  7 месяцев назад

      how? Happy to clarify whatever is not clear

  • Christopher A
    Christopher A 7 месяцев назад

    Explanation of stop limit order starts at 3:13. You're welcome.

  • NuppuH3S3
    NuppuH3S3 8 месяцев назад

    Thanks, good tips.

  • Hallam Hope
    Hallam Hope 8 месяцев назад

    Very interesting video which I have to study again. I understand the stop loss to mean you are losing on a trade and want to reduce your loss. Can I use a stop limit or two stop limits to set a price at which I want to make a profit, say five per cent and 10 per cent, or 10 per cent and 1x. And could this be done without incurring a loss? Apologies if its covered and I need to watch the video which I will do. Hallam in always sunny Barbados.

  • Ronnie B-Good
    Ronnie B-Good 8 месяцев назад

    I still don't get it.

    • dbcrypto
      dbcrypto  8 месяцев назад

      Message me on Twitter

  • Marvin Agustin
    Marvin Agustin 8 месяцев назад

    How do you prevent losses in case of a flash crash?

    • Marvin Agustin
      Marvin Agustin 8 месяцев назад

      Thank you. Probably it's the other way for a flash boom in case of buying.

    • dbcrypto
      dbcrypto  8 месяцев назад

      Set a stop-limit to sell in case of a dump in price

  • Ray Anderson
    Ray Anderson 8 месяцев назад +1

    background music is so annoying. disliked it because of background music. no music would of been better

    • dbcrypto
      dbcrypto  8 месяцев назад +1

      Yeah, thanks Ray...

  • Hassanein Altememy
    Hassanein Altememy 8 месяцев назад

    WTF so there is no stop-loss order on Binance, only stop-limit order, use-less

    • dbcrypto
      dbcrypto  8 месяцев назад

      If you understand the difference you will see they are essentially the same

  • NPC Guy
    NPC Guy 8 месяцев назад

    Thanks for making that understandable. Others were so confusing.

    • dbcrypto
      dbcrypto  8 месяцев назад

      All the best

  • Vaqaas Mohbat
    Vaqaas Mohbat 8 месяцев назад

    great explanation - thanks buddy!!

    • dbcrypto
      dbcrypto  8 месяцев назад

      Thanks Vaqaas

  • Alireza Jalili
    Alireza Jalili 8 месяцев назад

    can you give me the music links?
    i am making video of your video :)) ... i mean translating it into another language. and i wanna use your musics background .
    alirezajalilii@gmail.com.
    tnxX

    • dbcrypto
      dbcrypto  8 месяцев назад

      Information about the artists is in the description Ali

  • Bryan Pham
    Bryan Pham 8 месяцев назад

    When you buy Alts with stop-limit. Does it only buy once your stop order is reached? Do you lose your money if it never reaches the stop order you placed?

    • dbcrypto
      dbcrypto  8 месяцев назад

      You can always cancel the order, you won't lose your money in an order. It won't buy until the stop is reached, yes

  • vittal giri
    vittal giri 8 месяцев назад

    My order got executed without reaching the limit here the screenshot screencast.com/t/DFbf0YMM why is so? trigger condition was set at this 0.00000975 btc but it never reached that price and order got placed do you know why?

  • Daisuke Suzuki
    Daisuke Suzuki 8 месяцев назад

    Thanks mate! Just a follow up question on that -- it seems that once the order is on the market, I lose that balance on my account. Meaning if I used 100% of my balance to buy, I can't seem to place a stop-loss for the same amount. Any thoughts?

    • dbcrypto
      dbcrypto  8 месяцев назад

      Can't have the same coins in two different orders at once, I hope that answers the question... feel free to msg me on Twitter to chat

    • Daisuke Suzuki
      Daisuke Suzuki 8 месяцев назад

      Right, so that means I would have to have an equivalent amount in the other currency in the pair, in order to place a stop/loss order?

    • dbcrypto
      dbcrypto  8 месяцев назад

      I'm not sure exactly what you mean, but think of your coins as tangible.. once they are in an order, they can't be two places at once

  • Alen Batagelj
    Alen Batagelj 8 месяцев назад

    turn off ur shit music, we don''t hear ur deep insights, idiot

  • OVC 703
    OVC 703 9 месяцев назад

    are there any crypto exchanges with advance order types except for stop-limit

    • dbcrypto
      dbcrypto  9 месяцев назад

      Not sure what you mean there

  • Lou Sanderson
    Lou Sanderson 9 месяцев назад

    Love your voice, cut out the music because it is distracting
    Thank you

    • dbcrypto
      dbcrypto  9 месяцев назад

      Thanks, yeah I have gotten lots of feedback about the music.. made this video a long time ago, all is fixed in new videos.. thanks

  • miraeja
    miraeja 9 месяцев назад

    Jesus no video explains it clearly and succinctly. Just mumble mumble background music and now stuttering

    • dbcrypto
      dbcrypto  9 месяцев назад

      Good luck, wish you all the best

    • miraeja
      miraeja 9 месяцев назад

      dbcrypto how complacent. You can see others in the comments who find your style distracting. Are we all morons or maybe you have poor execution of visual and oratory communication. Anyway found a better video that got to the point in two minutes. Keep stuttering and mumbling your way through life

    • dbcrypto
      dbcrypto  9 месяцев назад

      LOL. What don't you understand? Weird how so many other people found this simple and easy to understand, maybe it's your problem?

  • Romance Jones
    Romance Jones 9 месяцев 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 9 месяцев назад

    Thanks for the info
    17UEFNkqe7GkbD8anjui963c9f36k4iw87

    • dbcrypto
      dbcrypto  9 месяцев назад

      You're welcome

  • James Howard
    James Howard 9 месяцев назад

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

  • CrashPCcz
    CrashPCcz 9 месяцев назад

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

    • dbcrypto
      dbcrypto  9 месяцев назад

      Thank you, good luck and all the best

  • Expat30
    Expat30 9 месяцев 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 месяцев назад

    Thanks! Valuable info delivered concisely!

    • dbcrypto
      dbcrypto  9 месяцев назад

      Thanks Willem, all the best

  • Gabriel Vorbeck
    Gabriel Vorbeck 9 месяцев назад

    Clear and to the point, thanks man!
    13LLitToUxpa7peG392RKdchxmCoxf3z7C

  • Sundar M
    Sundar M 9 месяцев назад

    very useful

  • Bored Gorilla
    Bored Gorilla 9 месяцев назад

    New sub :) thanks
    3N7WQ425tyRg3TZ9x3KCgEf37KL8mkp5gk

    • dbcrypto
      dbcrypto  9 месяцев назад

      Thanks mate

  • Spanlly
    Spanlly 9 месяцев 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  9 месяцев назад

      Thank you, all the best

  • j jones
    j jones 9 месяцев 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  9 месяцев 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 9 месяцев назад

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

    • dbcrypto
      dbcrypto  9 месяцев назад

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

    • dbcrypto
      dbcrypto  9 месяцев назад

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

    • David H
      David H 9 месяцев назад

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

    • dbcrypto
      dbcrypto  9 месяцев назад

      Thanks David

  • Larry Gilliland
    Larry Gilliland 9 месяцев 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  9 месяцев назад

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

  • Zaz Turoc, PhD
    Zaz Turoc, PhD 9 месяцев назад

    DIGIBYTE !!!!!!!!!

  • Ugochukwu Egelamba
    Ugochukwu Egelamba 9 месяцев 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  9 месяцев назад

      You're welcome, wish you all the best

  • totolac101
    totolac101 10 месяцев назад

    cut the music please

    • dbcrypto
      dbcrypto  10 месяцев назад

      How do you suppose I do that?

  • Random Royce
    Random Royce 10 месяцев назад

    The music is really distracting.

    • dbcrypto
      dbcrypto  10 месяцев назад

      Thanks, had no idea

  • Johnny Pep
    Johnny Pep 10 месяцев назад

    Subtle music is great too .. 🤙🏽

  • Rodney de Grave
    Rodney de Grave 10 месяцев назад

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

    • dbcrypto
      dbcrypto  10 месяцев назад

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

  • oussama ouertani
    oussama ouertani 10 месяцев 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  10 месяцев 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 10 месяцев назад

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

  • Ugbede Abu
    Ugbede Abu 10 месяцев назад

    Great Work. Thanks for the eyeopener =
    BTC3G3Qe2JBXfZVcom6hzcGsE7icEzPuPTbmC

    • dbcrypto
      dbcrypto  10 месяцев назад

      You're welcome, all the best

  • Ugbede Abu
    Ugbede Abu 10 месяцев назад

    lcf

  • anastasmia mia
    anastasmia mia 10 месяцев назад

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

    • dbcrypto
      dbcrypto  10 месяцев назад

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

  • keys keys
    keys keys 10 месяцев назад

    Lovely sound...

    • dbcrypto
      dbcrypto  10 месяцев назад

      Thanks

  • Simply Do Anything
    Simply Do Anything 10 месяцев 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 10 месяцев назад

    Thanks a lot

  • Travel-Nomad
    Travel-Nomad 10 месяцев назад

    Very good explanation, thank you!

    • dbcrypto
      dbcrypto  10 месяцев назад

      Thank you, all the best

  • Dan
    Dan 10 месяцев 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  10 месяцев 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

  • Lisergiko
    Lisergiko 10 месяцев 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 :)

  • iknownothing
    iknownothing 10 месяцев назад

    Thanks for vid

    • dbcrypto
      dbcrypto  10 месяцев назад

      Thanks Phil