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CryptOrca's profile
CryptOrca
CryptOrca
CryptOrca
@CryptOrca

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CryptOrca

@CryptOrca

Whatever ... Binance: https://goo.gl/8QzdRN  Bitmex: https://goo.gl/mQwaMV  BTC Tips: 38vZx5SMmnYYBXfDUphPfkBs4e9aLTpEWz

Amsterdam, Noord-Holland
Joined April 2009

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    CryptOrca‏ @CryptOrca 10 Feb 2017

    TIP: If you want your stops to hit, make sure to put 1 contract at triggerprice

    1:31 AM - 10 Feb 2017
    • 5 Retweets
    • 27 Likes
    • Lupin filip Cam Goatmug Buy my bags Hampton Myers USA Hernan Leon Gregoire Sicallac Cryptopath
    3 replies 5 retweets 27 likes
      1. New conversation
      2. Lee Neate‏ @NeateLee 21 Jun 2017
        Replying to @CryptOrca

        Why do you need a trigger price when you could just put a normal order? Won't they both get fulfilled?

        1 reply 0 retweets 0 likes
      3. CryptOrca‏ @CryptOrca 21 Jun 2017
        Replying to @NeateLee

        if you want a trigger stop sell you need to put a limit buy below market to get stops hit.

        1 reply 2 retweets 5 likes
      4. Lee Neate‏ @NeateLee 21 Jun 2017
        Replying to @CryptOrca

        But as the market drops to desired trigger price would that just sell as a normal order? Am I being stupid, I don't see the difference

        1 reply 0 retweets 0 likes
      5. CryptOrca‏ @CryptOrca 21 Jun 2017
        Replying to @NeateLee

        1/2 market trades @ 1000 and you wanna bail at 900. So you place your stops: trigger = 910 and limit sell = 900.

        1 reply 2 retweets 6 likes
      6. CryptOrca‏ @CryptOrca 21 Jun 2017
        Replying to @CryptOrca @NeateLee

        2/2 If market dumps and there is no buy order in the book at 910 your stops wont be triggered. Thats why you put a limit buy of 1 at 910.

        2 replies 2 retweets 7 likes
      7. ayy lmao‏ @Ayylmao706 21 Jun 2017
        Replying to @CryptOrca @jebus911 @NeateLee

        It triggers if the highest bid is <(=) 910, you don't need to place an order there.

        1 reply 0 retweets 0 likes
      8. CryptOrca‏ @CryptOrca 21 Jun 2017
        Replying to @Ayylmao706 @jebus911 @NeateLee

        what if there is no highest bid, like when orders get pulled ?

        2 replies 0 retweets 0 likes
      9. ayy lmao‏ @Ayylmao706 21 Jun 2017
        Replying to @CryptOrca @jebus911 @NeateLee

        Every single order on the book would have to get pulled for there to be no highest bid

        1 reply 0 retweets 0 likes
      10. 2 more replies
      1. New conversation
      2. Frosty‏ @demotradeFrosty 10 Feb 2017
        Replying to @CryptOrca

        please explain

        1 reply 0 retweets 0 likes
      3. CryptOrca‏ @CryptOrca 10 Feb 2017
        Replying to @demotradeFrosty @sonarous

        if triggerprice isnt in orderbook stops wont activate and woodchipper just moves on.

        2 replies 1 retweet 3 likes
      4. plumptoiletduck‏ @plumptoiletduck 10 Feb 2017
        Replying to @CryptOrca @sonarous

        this is a great tip.

        0 replies 0 retweets 1 like
      5. End of conversation
      1. fractalFox[1/2014]‏ @kenzboard 21 Jun 2017
        Replying to @CryptOrca

        i always scoffed at ppl who put retardedly low buy orders. now i understand.

        0 replies 0 retweets 4 likes
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