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#OrderTypes101
There are two main types of pending orders: stop orders and limit orders, which are further divided based on the type of transaction (buy or sell). As a result, we obtain 4 orders with different execution mechanics.
Buy Limit — used when you need to buy an asset at a price lower than the current one. Often useful within a "pullback" strategy when a trader lowers the price to a certain level with a subsequent recovery;
Sell Limit — applied for selling above the market price. Useful when the goal is to lock in profit if the asset rises to a certain level;
Buy Stop — this is a buy order above the current price, which is activated when the specified level is reached. Used when expecting an impulsive increase — for example, if the price breaks through a resistance level;
Sell Stop — a sell order below the current price. Used to limit losses or during trading on a breakout of a support level.
To clearly understand the difference between a limit order and a stop order, let's consider the same transaction using different tools.
There are two main types of pending orders: stop orders and limit orders, which are further divided based on the type of transaction (buy or sell). As a result, we obtain 4 orders with different execution mechanics.
Buy Limit — used when you need to buy an asset at a price lower than the current one. Often useful within a "pullback" strategy when a trader lowers the price to a certain level with a subsequent recovery;
Sell Limit — applied for selling above the market price. Useful when the goal is to lock in profit if the asset rises to a certain level;
Buy Stop — this is a buy order above the current price, which is activated when the specified level is reached. Used when expecting an impulsive increase — for example, if the price breaks through a resistance level;
Sell Stop — a sell order below the current price. Used to limit losses or during trading on a breakout of a support level.
To clearly understand the difference between a limit order and a stop order, let's consider the same transaction using different tools.
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#CEXvsDEX101
Everything about centralized and decentralized cryptocurrency exchanges
There are two types of crypto enthusiasts: those who can't decide on the type of exchange, and those who use both at the same time.
Similarly, there are two types of crypto exchanges: centralized (CEX) and decentralized (DEX).
If you belong to those who are indecisive and can't choose a single type of exchange, or if you don't understand the difference between them at all, then this article will definitely help you. It contains everything worth knowing about centralized and decentralized cryptocurrency exchanges, their advantages and disadvantages.
Base. Ground. Foundation.
CEX (Centralised Exchange) is a centralized exchange for trading cryptocurrencies. They include industry giants like Binance, OKX, Kraken, and many others.
In contrast, DEX (Decentralized Exchange) is a decentralized cryptocurrency exchange that operates based on distributed ledger technology. Examples of such services include dYdX, Curve, Uniswap, and many other swaps.
Everything about centralized and decentralized cryptocurrency exchanges
There are two types of crypto enthusiasts: those who can't decide on the type of exchange, and those who use both at the same time.
Similarly, there are two types of crypto exchanges: centralized (CEX) and decentralized (DEX).
If you belong to those who are indecisive and can't choose a single type of exchange, or if you don't understand the difference between them at all, then this article will definitely help you. It contains everything worth knowing about centralized and decentralized cryptocurrency exchanges, their advantages and disadvantages.
Base. Ground. Foundation.
CEX (Centralised Exchange) is a centralized exchange for trading cryptocurrencies. They include industry giants like Binance, OKX, Kraken, and many others.
In contrast, DEX (Decentralized Exchange) is a decentralized cryptocurrency exchange that operates based on distributed ledger technology. Examples of such services include dYdX, Curve, Uniswap, and many other swaps.
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#TradingTypes101 In the framework of strategy classification, several approaches can be distinguished:
By the method of analysis used:
1. A strategy based on technical analysis, the use of indicators, analysis of price and volume dynamics, support and resistance levels.
2. A strategy based on fundamental analysis, analysis of the company's financial indicators, revenue and profit forecasts, macroeconomic data.
3. A combined strategy that incorporates both approaches. Signals from technical and fundamental analysis are often contradictory, and one must possess the necessary experience and skills to separate the wheat from the chaff and effectively utilize a comprehensive approach.
By the method of analysis used:
1. A strategy based on technical analysis, the use of indicators, analysis of price and volume dynamics, support and resistance levels.
2. A strategy based on fundamental analysis, analysis of the company's financial indicators, revenue and profit forecasts, macroeconomic data.
3. A combined strategy that incorporates both approaches. Signals from technical and fundamental analysis are often contradictory, and one must possess the necessary experience and skills to separate the wheat from the chaff and effectively utilize a comprehensive approach.
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