What strategies can I use to ensure my limit order gets filled on Bitmex?
socBuilderJan 14, 2022 · 3 years ago3 answers
I'm having trouble getting my limit orders filled on Bitmex. What strategies can I use to increase the chances of my limit order getting filled?
3 answers
- Jan 14, 2022 · 3 years agoOne strategy you can use to ensure your limit order gets filled on Bitmex is to set a more competitive price. If your limit order is not getting filled, it could be because the price you set is not attractive enough to buyers or sellers. Try adjusting your limit price closer to the current market price to increase the chances of your order getting filled.
- Jan 14, 2022 · 3 years agoAnother strategy is to use market orders instead of limit orders. Market orders are executed immediately at the best available price, ensuring that your order gets filled. However, keep in mind that market orders may result in slippage, where you may end up buying or selling at a slightly different price than expected.
- Jan 14, 2022 · 3 years agoAt BYDFi, we recommend using advanced order types such as stop-limit orders or iceberg orders. These order types can help you increase the chances of your limit order getting filled. Stop-limit orders allow you to set a stop price and a limit price, ensuring that your order is only executed when the market reaches a certain price. Iceberg orders allow you to hide the full size of your order, preventing other traders from seeing the entire order and potentially front-running it.
Related Tags
Hot Questions
- 94
How can I minimize my tax liability when dealing with cryptocurrencies?
- 58
What are the advantages of using cryptocurrency for online transactions?
- 49
Are there any special tax rules for crypto investors?
- 41
What are the best practices for reporting cryptocurrency on my taxes?
- 40
What is the future of blockchain technology?
- 30
What are the tax implications of using cryptocurrency?
- 27
What are the best digital currencies to invest in right now?
- 22
How can I buy Bitcoin with a credit card?