Other related videos: #1 Order types and parameters - ua-cam.com/video/vm2kDspBMWw/v-deo.html #2 Order matching engine - ua-cam.com/video/yoYw5MhJfZg/v-deo.html #3 Market orders - ua-cam.com/video/BhTp2WtWD2s/v-deo.html #4 Limit orders as takers - ua-cam.com/video/d9D4KMDP4uI/v-deo.html #5 Limit orders as makers - ua-cam.com/video/ShGkzw2KivI/v-deo.html #6 Sell side stop orders and the delay condition - ua-cam.com/video/rFX7OJDtKbg/v-deo.html #7 Buy side stop orders - ua-cam.com/video/2G7VkxVoqMo/v-deo.html All in this list: ua-cam.com/play/PLZbbT5o_s2xr17PqeytCKiCD-TJj89rII.html
Not sure why you don't have a million subscribers. You explain things perfectly and detailed, and there is no bullshit telling people how to get rich overnight (won't happen).
Hey Thomas - No problem. I appreciate you letting me know. Most of these concepts also apply to other exchanges as well including trading stocks. Keep that in mind. 🚀
deeplizard crypto & ai..keep it up man il get ya afwe more subscribers soon... im new to the Crypto game via coin base now studying Gdax and your videos are top quality to learn from..Q..is dr a platform just like gdax I can use im the uk to trade stocks..Thanks.🍀
Appreciate that. Interactive Brokers is one of the go to choices: Main site: www.interactivebrokers.com Supported countries (UK is on the list): www.interactivebrokers.com/en/index.php?f=7021
If I buy, say, $10 million worth of BTC while it's at $10000 price using a market order, will it allow me to buy them all at that fixed price? Or will it charge me the prices set by each individual seller right up to the highest point it reaches once the $10 million of BTC has been filled? I've only been trading small amounts so it barely consumes enough to push the price up or bring it down.
Hey Jim! Your second one is correct. This one: *it charge me the prices set by each individual seller right up to the highest point it reaches once the $10 million of BTC has been filled?* For example: Right now, BTC is trading at $9778.00. To get $10M worth of BTC on the spot with a market order, the order would take all of the supply up to $10,800. That is only a rough estimate based on what the order book says right now. This can change as the price starts to move up. Thanks for all your comments!
In this scenario, we use a limit buy. Since the max price you are willing to pay, the limit price, is lower than the current price, the order will post to the order book. The order will sit on the book until a willing seller takes your offer. For this to happen, the price must drop. Hope this helps.
Agree. Sometimes it's better to take the fee to ensure an execution. Otherwise, our order may be left sitting on the book as price moves against us. All it takes is a 0.25% move in the opposite direction to render the fee savings useless.
Other related videos:
#1 Order types and parameters - ua-cam.com/video/vm2kDspBMWw/v-deo.html
#2 Order matching engine - ua-cam.com/video/yoYw5MhJfZg/v-deo.html
#3 Market orders - ua-cam.com/video/BhTp2WtWD2s/v-deo.html
#4 Limit orders as takers - ua-cam.com/video/d9D4KMDP4uI/v-deo.html
#5 Limit orders as makers - ua-cam.com/video/ShGkzw2KivI/v-deo.html
#6 Sell side stop orders and the delay condition - ua-cam.com/video/rFX7OJDtKbg/v-deo.html
#7 Buy side stop orders - ua-cam.com/video/2G7VkxVoqMo/v-deo.html
All in this list: ua-cam.com/play/PLZbbT5o_s2xr17PqeytCKiCD-TJj89rII.html
Not sure why you don't have a million subscribers. You explain things perfectly and detailed, and there is no bullshit telling people how to get rich overnight (won't happen).
I'm flat out using you videos to learn about gdax..need my account verrifed to make serious deposit and trade..Thank for the info vids man.🍀
Hey Thomas - No problem. I appreciate you letting me know.
Most of these concepts also apply to other exchanges as well including trading stocks.
Keep that in mind. 🚀
deeplizard crypto & ai..keep it up man il get ya afwe more subscribers soon... im new to the Crypto game via coin base now studying Gdax and your videos are top quality to learn from..Q..is dr a platform just like gdax I can use im the uk to trade stocks..Thanks.🍀
Sticking to crypto for the moment..Just wondering..
Appreciate that.
Interactive Brokers is one of the go to choices:
Main site:
www.interactivebrokers.com
Supported countries (UK is on the list):
www.interactivebrokers.com/en/index.php?f=7021
If I buy, say, $10 million worth of BTC while it's at $10000 price using a market order, will it allow me to buy them all at that fixed price? Or will it charge me the prices set by each individual seller right up to the highest point it reaches once the $10 million of BTC has been filled?
I've only been trading small amounts so it barely consumes enough to push the price up or bring it down.
Hey Jim!
Your second one is correct. This one:
*it charge me the prices set by each individual seller right up to the highest point it reaches once the $10 million of BTC has been filled?*
For example:
Right now, BTC is trading at $9778.00.
To get $10M worth of BTC on the spot with a market order, the order would take all of the supply up to $10,800.
That is only a rough estimate based on what the order book says right now. This can change as the price starts to move up.
Thanks for all your comments!
deeplizard crypto & ai
Awesome, thanks! I thought that was the case. Cheers for the videos too. Very helpful info. :)
so if the Price of ETH now is $600 and i want to buy it at $550 what should i use limit buy or stop buy?
In this scenario, we use a limit buy.
Since the max price you are willing to pay, the limit price, is lower than the current price, the order will post to the order book.
The order will sit on the book until a willing seller takes your offer.
For this to happen, the price must drop.
Hope this helps.
but if your order executes as a taker you pay fees. I alwasy trade as a maker to avoid fees.
Agree. Sometimes it's better to take the fee to ensure an execution. Otherwise, our order may be left sitting on the book as price moves against us. All it takes is a 0.25% move in the opposite direction to render the fee savings useless.