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RE: The Steemit Daily Dose: @mindhunter Discusses The HUGE Steem SELL Candle On Bittrex Yest. And How A Whale May Take Advantage Of It With 'Ladder Buying & Selling'.
It works really well in low liquidity markets where you can manipulate the market all to yourself :D
I bet it does! Does that mean that if I had placed an order of buying STEEM at 0.40 $ it would have been complete by now? :)
Possibly. It all depends on how big your purchase was??
I didn't do it. It was just for trading in the future :)
Always set orders low and leave them in case of whale volatility spikes. I have order currently sitting at $0.35 :)
I will do that aswell :)
I've got ladder traps set at $0.25 and at $0.35. Nice :)
Just put my order aswell. By doing this it is okay if it takes a massive drop.
Yeah, these candles are a very volatile so they spring back to the normal price pretty quick. Just look at the Steem price today ;)