QUOTE(walabies @ May 29 2021, 02:49 PM)
yeah. How do we use stop limit or oco on binance?
limit order we all know is condition hit, terus buy/sell
stop limit is stop value (condition) + limit order (usual way).
split into two story
eg u know ripper & doge is funny pattern coin. when falling it may shoot up like 3-4 minit before drain bottom.
let say ah 100 drop to 70 shoot up 95 then fell until 50
u might have strategy to take the chance. creating condition such as
fall until xxx (stop value), create a sell order at yyy (limit order).
stop 70 limit 95 = u r saved from dropping 50
cannot be done if usual way u set 95. u already pancut awal.
price may not continue drop but raise instead until 120 >>>>> regret maxxxx