💰 OCO orders: explanation of operation by the example of STD/SWCT
💰 OCO orders: explanation of operation by the example of STD/SWCT
⌛️ An OCO order (One Cancel The Other) combines two orders: limit and stop limit, and its main advantage is that when one order is executed, the second order is canceled automatically. In simple words, OCO allows the trader to place two trades at the same time and protect himself as much as possible from losses and insure against high volatility of the crypto market.
🔥 We have prepared a step-by-step guide to help you understand how to place an OCO order on S-Trade using the trading pair STD/SWCT.
Click on the link below to learn more ⬇️
🔗 MEDIUM
⌛️ An OCO order (One Cancel The Other) combines two orders: limit and stop limit, and its main advantage is that when one order is executed, the second order is canceled automatically. In simple words, OCO allows the trader to place two trades at the same time and protect himself as much as possible from losses and insure against high volatility of the crypto market.
🔥 We have prepared a step-by-step guide to help you understand how to place an OCO order on S-Trade using the trading pair STD/SWCT.
Click on the link below to learn more ⬇️
🔗 MEDIUM
Updated on: 21/06/2023
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