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RE: Steemit Crypto Academy Season 4 Week 6 - Beginner's Course |Trading Cryptocurrencies.
Please prof I don't understand this exit orders very well
Please prof I don't understand this exit orders very well
What is your confusion?
What exit order is all about
Exit orders are automatic orders used to close a position either in loss or in profit. The stoploss orders are set to close a position when the market is against your prediction to avoid huge losses. On the other hand, take profit orders are set to book profits when the market is in your favor. These two orders are set alongside market orders and limit orders.
Ok now I understand Wella, thanks