Hello,
I'm really new to cryptocurrency trading, I've successfully made some buy & sell orders but I don't understand how the stop-limit feature works
I've seen some tutorials on how to use it but it doesn't seem clear to me as a newbie
Could anybody explain it in a simple way so I could trade safely?
Thanks in advance.
Limits are mainly used to grab a good deals.Let's take stop loss or take profit which both are considered as stop limits.First one is closing the position in case of determined loss and other way for second one.