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2023-07-06 15:35:57

LNMarkets on Nostr: 🙋 "Stop limit order on LNM! Cool! But what is it ser?" It's a limit order that can ...

🙋 "Stop limit order on LNM! Cool! But what is it ser?"

It's a limit order that can be triggered when the Futures prices:
👎 goes down to a given price (the limit price) for Long orders
👍 goes up to a given price (the limit price) for Short orders

Ex1: setting a long limit order if #Bitcoin    goes down to $25k
Ex2: setting a short limit order if #Bitcoin    goes up to $40k

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Author Public Key
npub1lnm0ac8ft8r3jhddchekledgwvqrkwy7wqejjwcxq47gy87te8zs6utnnn