- 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.
- 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