Hi,

When daytrading is the use of the order book important?
I hear many talk about stop-sell orders.

I need some confirmation if the idea that I have about buy and sell orders is okay.

For Example:
My coins: 30 iost
Actual price: 0,15

- If I place a sell order to sell 20 iost for the price of 0,16 and the actual price goes to 0,14, I won't lose money? (except fee of course)

- If I place a buy order to buy 20 iost for the price of 0,14 and the price goes to 0,16 I won't lose money?

If this is correct, .. trading with buy and sell orders is actually very safe. In other words, when you trade with buy sell orders wisely, you can have more trades in total compared to when you don't use buy and sell orders.

Am I right?