Stop limit orders explained. Most complete stop limit order tutorial.
This is by far the most requested video. How to set a stop limit (stop loss) order on Binance and GDAX effectively. This is also applicable to Bittrex, Poloniex, and Kraken cryptocurrency exchanges. Furthermore, I'll show you how to set a stop limit order with a buy order, as well as sell orders, on Binance and GDAX.
Explanation of stop limit vs limit vs market orders on crypto exchanges Binance and GDAX.
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I will show you a real life example of how to set up a stop limit order on Binance as well as GDAX. This is the most comprehensive and easiest tutorial on Binance stop limit orders in my opinion. We'll also discuss what is the difference between stop limit vs stop loss orders.
Plus, I'll answer the question "can you have two stop limit orders at the same time?" i.e. one stop limit order set to sell and take profits and one stop loss sell order to limit your losses.
The difference between a stop limit and a stop loss is that a stop limit order executes a limit order once the stop price is hit. On a stop loss, a market order is triggered once the stop price is hit.