How to trade our signals without sitting at your computer? 🌐
Updated
How to trade our signals without sitting at your computer? 🌐
When you want to trade, you can choose from at least two types of orders: market order or limit order.
- Limit order: The limit order has at least two parameters - target price and amount -, and the exchange fills your order if and when the market price meets your target price.
- Market order: The market order has at least one parameter - amount, and fulfills instantly at the actual market price as soon as you put it on the exchange.
Besides the number of parameters and the execution time, a third, very important difference between limit and markets orders is the fee because limit orders are much more cost-efficient than market orders.
So, we always put entry prices, target prices, and stop-loss prices in our ideas, and when you trade them, you can put limit orders at the given prices, and thus, you don't have to sit at your computer because you build the setup and the rest happens hands-off.
When you want to trade, you can choose from at least two types of orders: market order or limit order.
- Limit order: The limit order has at least two parameters - target price and amount -, and the exchange fills your order if and when the market price meets your target price.
- Market order: The market order has at least one parameter - amount, and fulfills instantly at the actual market price as soon as you put it on the exchange.
Besides the number of parameters and the execution time, a third, very important difference between limit and markets orders is the fee because limit orders are much more cost-efficient than market orders.
So, we always put entry prices, target prices, and stop-loss prices in our ideas, and when you trade them, you can put limit orders at the given prices, and thus, you don't have to sit at your computer because you build the setup and the rest happens hands-off.
Trade closed: target reached
We've taken profit. All TP hit.
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