waterworks
Senior Member
- Sep 28, 2013
- 1,018
- 383
Been dabbling in super cheap semi random alt coins buying ridiculous amounts and discovered a problem when exiting.
Had a limit sell set and it triggered. Noticed order book had nowhere near the volume of buys at the point I was trying to sell. So it partially filled my order and sat there at about 17% filled. Canceled and set new price. Had to do this 4x before I was able to dish off everything.
I should have I set a Stop Sell with a Limit Price, but I still would of had to pay very close to attention to the order book to decide on limit price I was willing to accept. Makes me wonder about guys holding 500,000+ coins and what strategy they use to dump everything.
Had a limit sell set and it triggered. Noticed order book had nowhere near the volume of buys at the point I was trying to sell. So it partially filled my order and sat there at about 17% filled. Canceled and set new price. Had to do this 4x before I was able to dish off everything.
I should have I set a Stop Sell with a Limit Price, but I still would of had to pay very close to attention to the order book to decide on limit price I was willing to accept. Makes me wonder about guys holding 500,000+ coins and what strategy they use to dump everything.
