Trading - Advanced Order Types with Coinbase

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#5 Limit orders as makers | Trading on Coinbase Pro - GDAX

December 10, 2017 by

Description

In this video, let’s look at the next two limit order configurations. We are ready to move to the buy-buy and the sell-sell permutations. With these two configurations, we will see how makers come to be. Since the order side and the limit price are on the same side, these particular configurations allow the order to to join the order book. We have been referring to these order configurations as permutations. A permutation is a specific instance from a set of parameter value variations. An example of this can be seen using a slot machine. Each slot represents a parameter, and for each of these slots, there is a set of possible values. By varying these values, we generate permutations. For our limit order permutations, we have two slots. These slots represent our parameters, the side of the order and limit price location on the book. For both of these parameters, there are two possible values, buy and sell. Permutations are useful when we want to consider all possible variations of some set of parameters and values. This is why we are using them here. Follow deeplizard: YouTube: https://www.youtube.com/deeplizard Twitter: https://twitter.com/deeplizard Facebook: https://www.facebook.com/Deeplizard-145413762948316 Steemit: https://steemit.com/@deeplizard Instagram: https://www.instagram.com/deeplizard/ Support deeplizard on Patreon: https://www.patreon.com/deeplizard Support deeplizard with crypto: Bitcoin: 1AFgm3fLTiG5pNPgnfkKdsktgxLCMYpxCN Litecoin: LTZ2AUGpDmFm85y89PFFvVR5QmfX6Rfzg3 Ether: 0x9105cd0ecbc921ad19f6d5f9dd249735da8269ef Recommended books on trading: --Beginner-- Real Money: http://amzn.to/2pDaf15 --Intermediate-- The Daily Trading Coach: http://amzn.to/2pA7Uni --Advanced-- The Black Swan: http://amzn.to/2GjusT4 Antifragile: http://amzn.to/2IKOvbn Skin in the Game: http://amzn.to/2pwbTBo Coinbase sign up (You get $10 in BTC & we get $10 in BTC): https://www.coinbase.com/join/5934c12567d6760847b9a8dd GDAX playlist: https://www.youtube.com/playlist?list=PLZbbT5o_s2xr17PqeytCKiCD-TJj89rII Crypto hardware wallets: Ledger Nano S: http://amzn.to/2FZGP7y Trezor: http://amzn.to/2FZHs0U