Re: █ █ █ █【BOT】 BTCTradeBot.Com - Automatic Bitcoin & Altcoins Trading Bot █ █ █ █
The percentage of the StopLoss is referred to the Buy price?
I ask it becouse i think about this situation:
1-My bot are working, it had bought some coins (example at 1$) and it is waiting that the price rise to sell (example at 1.20$)
The current value of the coin in the example il 0.90$
2-i want to activate the stop loss and i compile with 8 (meaning stop loss al -8%)
Will the bot sell immediately the coins becouse now it is yet over -8%? (1$-8%=0.092$)
I think that the StopLoss is referred to the Buyprice, but i want to be sure
Thank you
I ask it becouse i think about this situation:
1-My bot are working, it had bought some coins (example at 1$) and it is waiting that the price rise to sell (example at 1.20$)
The current value of the coin in the example il 0.90$
2-i want to activate the stop loss and i compile with 8 (meaning stop loss al -8%)
Will the bot sell immediately the coins becouse now it is yet over -8%? (1$-8%=0.092$)
I think that the StopLoss is referred to the Buyprice, but i want to be sure
Thank you
yes if u will start stoploss. referred to buy price now. if u will set stoploss and all old orders activated
if you buy 1usd
and now price is 0.9usd
if u will set less than %10 stoploss. this old order selling instant with stoploss.
and also if some coin will selling with stoploss. system stopped this coin bot till u will started again this coin. this is security for big dump