I'm engaged on a bot that executes trades mechanically. I'm not positive if I must be utilizing limit orders or market orders.
Market order clearly has a danger of slippage which might be detrimental for profitability. However once I see the order e-book, I only see a distinction of 0.01 for SOLUSDT as far as I've observed which doesn't appear too dangerous.
Restrict order has just one disadvantage, that typically the order won't get crammed at all and that might be very dangerous if the bot just isn't capable of open and shut trades on the right time.
So what ought to I do and tell me if I'm missing one thing or any of my calculation is flawed.
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments