Hello, guys! Today we'll talk about ORDERS STEP — this is what will help you enter a trade wisely, especially if you want to short (sell when the price is high and then buy back at a lower price). I'll explain everything step by step!
### 🧩 What is ORDERS STEP?
Imagine that you want to sell a coin at the best possible price. Instead of placing an order at one price, you place several orders at different prices.
### 💡 Simple example:
1. Let's say the price of the coin is currently $100.
2. You think the price might rise a little — for example, to $105.
3. Instead of placing an order immediately at $105, you place orders at different levels:
- $101
- $102
- $103
- $104
- $105
Why do this? When the price starts to rise, your order can trigger at any of these levels, and you can lock in profits if the price starts to fall later! 📉
### 🛠️ How does this work in practice?
- You don't place one order at $105. You place several orders at different prices (for example, at $101, $102, $103, and so on).
- When the price is rising, your orders will trigger one after another. This gives you the opportunity to sell at the highest points and then profit from the decline.
### 💪 Why is this important?
- ORDERS STEP allows you to enter a trade at different levels and catch peaks when the price is going up. This gives you a chance to earn more.
- You don't put all your money into one order — this helps reduce risks.
### 🔥 How will this help you?
If you want to short (sell at peaks), you don't just wait for one high price, but place orders in steps. This way, you catch the moment when the price is going up, and then you can sell when it starts to fall!
Friends, it's not hard, right? 💪 Understanding ORDERS STEP will help you trade wisely and get the best prices. In the next lesson, we'll talk about how not to miss the moment for shorting.
Good luck in trading! ✌️