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RE: Top 5 things I have learned from trading as a noobie to becoming an amateur using Bitshares & Poloniex

in #steem8 years ago (edited)

Another lesson: Always use stop limit :) Good luck in this journey.

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oh yes, I have just been learning about this but i haven't tried to implement it yet. My understanding of it is that when the price drop to a certain amount it sets a limit to were you will immediately sell if the price drops below a certain point. Is this correct in my understanding? Thanks you for the tip, I really want to implement that strategically in my trading!

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