Post
Topic
Board Trading Discussion
Re: Importance of Order Book & sell/buy orders
by
jackhdt
on 28/01/2018, 15:53:11 UTC
- 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?
Order Placed been successfully implemented when a command that would match it. Order Placed: Placed Sell order 20 iost @0,14x20, it will exist until the purchase order to match it. unless your order be processed, otherwise it will not lose fee
and of course trading with the order will help you buy and sell at the price you want