Buy side stop-limit order | Crypto trading strategy for buying a breakout

video

expand_more

quiz

expand_more

DEEPLIZARD Message notifications

This lesson doesn't have any quiz questions yet!

resources

expand_more

What is a buy side stop order, and how can we use it? Buy side stop orders are buy orders that have a stop price. The stop price is a trigger that allows either a market or limit order to be placed when triggered. We want to use limit orders to protect ourselves from paying arbitrary prices not determined by us. Buy side stop orders allow traders to buy breakouts automatically, without writing code. Using stop orders in this way, gives traders more optionality. If the asset's price falls, no losses are incurred. If the asset's price starts to move higher, the trader jumps in when the order is triggered. Buying on conditions opposed to buying instantly, provides more optionality in general and provides structure to a trading strategy. Let's have a look: Human image source: https://openclipart.org/detail/230256/stylish-lizard-person 🕒🦎 VIDEO SECTIONS 🦎🕒 00:00 Welcome to DEEPLIZARD - Go to deeplizard.com for learning resources 00:30 Help deeplizard add video timestamps - See example in the description 04:48 Collective Intelligence and the DEEPLIZARD HIVEMIND 💥🦎 DEEPLIZARD COMMUNITY RESOURCES 🦎💥 👋 Hey, we're Chris and Mandy, the creators of deeplizard! 👀 CHECK OUT OUR VLOG: 🔗 https://youtube.com/deeplizardvlog 💪 CHECK OUT OUR FITNESS CHANNEL: 🔗 https://www.youtube.com/channel/UCdCxHNCexDrAx78VfAuyKiA 🧠 Use code DEEPLIZARD at checkout to receive 15% off your first Neurohacker order: 🔗 https://neurohacker.com/shop?rfsn=6488344.d171c6 ❤️🦎 Special thanks to the following polymaths of the deeplizard hivemind: Mano Prime 👀 Follow deeplizard: Our vlog: https://youtube.com/deeplizardvlog Fitness: https://www.youtube.com/channel/UCdCxHNCexDrAx78VfAuyKiA Facebook: https://facebook.com/deeplizard Instagram: https://instagram.com/deeplizard Twitter: https://twitter.com/deeplizard Patreon: https://patreon.com/deeplizard YouTube: https://youtube.com/deeplizard 🎓 Deep Learning with deeplizard: AI Art for Beginners - https://deeplizard.com/course/sdcpailzrd Deep Learning Dictionary - https://deeplizard.com/course/ddcpailzrd Deep Learning Fundamentals - https://deeplizard.com/course/dlcpailzrd Learn TensorFlow - https://deeplizard.com/course/tfcpailzrd Learn PyTorch - https://deeplizard.com/course/ptcpailzrd Natural Language Processing - https://deeplizard.com/course/txtcpailzrd Reinforcement Learning - https://deeplizard.com/course/rlcpailzrd Generative Adversarial Networks - https://deeplizard.com/course/gacpailzrd Stable Diffusion Masterclass - https://deeplizard.com/course/dicpailzrd 🎓 Other Courses: DL Fundamentals Classic - https://deeplizard.com/learn/video/gZmobeGL0Yg Deep Learning Deployment - https://deeplizard.com/learn/video/SI1hVGvbbZ4 Data Science - https://deeplizard.com/learn/video/d11chG7Z-xk Trading - https://deeplizard.com/learn/video/ZpfCK_uHL9Y 🛒 Check out products deeplizard recommends on Amazon: 🔗 https://amazon.com/shop/deeplizard 📕 Get a FREE 30-day Audible trial and 2 FREE audio books using deeplizard's link: 🔗 https://amzn.to/2yoqWRn 🎵 deeplizard uses music by Kevin MacLeod 🔗 https://youtube.com/channel/UCSZXFhRIx6b0dFX3xS8L1yQ ❤️ Please use the knowledge gained from deeplizard content for good, not evil.

updates

expand_more

DEEPLIZARD Message notifications

Update history for this page

Did you know you that deeplizard content is regularly updated and maintained?

Updated
Maintained

Spot something that needs to be updated? Don't hesitate to let us know. We'll fix it!

All relevant updates for the content on this page are listed below.

17d6572

Page Created.

Committed by deeplizard on October 7, 2017

Trading - Advanced Order Types with Coinbase