Quote from: gabmen on January 28, 2018, 02:49:22 PM

Quote from: TryNinja on January 28, 2018, 04:13:33 AM

Quote from: Radius111 on January 28, 2018, 02:44:19 AM

- 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)

Why would you? The coins won't be sold until you can do it for 0,16 each. The sell order will stay there until the price hits that value.

Quote from: Radius111 on January 28, 2018, 02:44:19 AM

- 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?

The order won't be filled until the price hits 0,14. If the coin pumps, reaches 0,32 and never goes to 0,14, your order will remain open.

That got me a little confused as well. There won't even be any fees paid there since the orders weren't hit. Unless the orders prior to yours get filled, there's not going to be any movement so you definitely won't lose money with that scenario

I have only traded market price real time so that's a too big gamble for me. I want to set values of number that I wan't to buy at forehand by reading charts on whaling coins. Is it more recommendable to use order book or a random live market deal when daytrading?