By Meztikora - 13.03.2020
How to set up a trailing stop loss on binance
For example API “api_key_name” could only create orders on the BTC/ETH market (or set of carefully selected markets). Motivation. Unfortunately, I've become the. magazin-review.ru › @trailingcrypto › limit-buy-on-crypto-exchanges-using-trai.
For example, if you have a buy order at 0. This will increase the chance source the order getting filled if the price is moving quickly.
This order will eat all the best available bids from "" to "95". Market Buy orders will be placed on the exchange when the best ask touches there is a seller or crosses your order price.
How to Profit from a Trailing Stop Loss on Binance
Market Sell orders will be placed when the best bid touches there is a buyer or crosses your order price. With market orders, the order will be executed against the best prices available in the market, and is going to fill immediately.
This can sometimes be dangerous. This does not mean that your orders how to set up a trailing stop loss on binance sell for less if you use market orders, but is a possibility.#Binance Guides: How to place a trailing stop order on futures using both the web and mobile app.
However, it is very unlikely to happen unless you are trading with huge capital. How to set up a trailing stop loss on binance is an example market order execution at 0.
What is Binance Trailing Stop loss / Take profit
However, your pending orders will not be in order. Trailing stop-loss will keep track of the price and move the stop-loss price upwards by your specified percentage when the price of the currency goes upwards, but if the price falls, the stop loss price doesn't change.
For example when you buy KEY, Binance will take 0. This will cause your take profit and stop loss orders to fail with "not enough balance" error because those orders will have as the amount but you will only have - 0.
How much BNB do I need to keep? Trading fee when you use BNB is 0. Keep some BNB in your account accordingly.
After a LIMIT order is placed, there might be not enough orders available, and your order might not fill. If you have stop-loss or take-profit orders pending, those orders might fail if the buy order was not fully how to set up a trailing stop loss on binance, because you will not have enough coins to place the sell order.
You can use market orders to make sure your order is filled.
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