₦airaland Forum

In the image we have
Order book
Depth chart

Orderbook contains all the buy/sell orders of a coin. It helps to tell the volatility of the market.

Green orders are buy orders while red orders are sell/short orders.

Depth
I have explained depth chart in Binance topic. Visiting the topic will help refresh your mind

In the contract details, we have the pricing source as Bitmex index. Index price 24h in USD traded on Bitmex index, the number of turnover done, open interest, open value, funding rate, etc. This doesn't matter in the course of this class

Your position means which coin you are on. Contract details means the summary of the coin you are on

Limit price is your preferred price you want to enter the market. Assumin Bitcoin is a 10,600 but u never wanted to buy/sell at that price. You can choose your own limit price maybe 10,500 or lower for buy/long and 10,700 or lower for short selling.

Buy long
Means you are trading in uptrend of the market. IE you are hoping the Bitcoin will rise there you are staking your funds to that rise.

Sell short
Means that you are trading in downtrend of the market IE you are hoping that Bitcoin will fall, therefore you are staking your funds to that fall.

Quantity is the amount in USD u are willing to stake.

Class 5

Continuation of class 4; on Bitmex Trading

In our last class, we stopped at Post-Only

Today we will continue from Goodtillcancel

Goodtillcancel is a type of order filling that slowly completes a traders order in badges instead of once. If you have been a trader, you will notice that orders do not fill once. It's either it's filled in small quantity of slightly different prices or it's filled once. When you choose Goodtillcancel, you are telling the order server to fill your order in steps or as the market feels while in fillorkill you are telling the server to either fill it or kill the order from the order book while immediateorcancel means that either the order is filled immediately or it isn't. Nothing like in badges. The preferred one is Goodtillcancel

All numbers added.

Class 5 loading.

Determination, Ambition, plus Dedication and Wisdom.
_Kendrick Lamar.

Maths125:
Permit me to continue from where Soul47 stopped.

Our last class which was the 4th class was on Trading On Bitmex. The following are direct Copy and paste from the class on Whatsapp which was anchored by Balenciego

Topic of today: BITMEX Site interface usability
Everyone should sign up and login on Bitmex dot com

Thanks A lot.

Primusinterpares:
Men prefer brain more...
Boys prefer curves n boobs...

Well said.

Abfinest007:
if u still watch this semi bf click like if no click share

My first time seeing more shares than likes in NL...

Never watched the show, and never will.

Funmmyastic:
David nobody really hate you,you've made it big on your own.Although some peeps says you have frog voice we still appreciate your efforts.I hope you are not going to be behaving like Burna boy lately.

Behave like BurnA Boy in what way?

Taking money from people to secure seats for them in heaven...

Lol.
Am dead already.

It's obviously fake news but extremely funny.

All of a sudden ladies have become a priority

Mtchew...

You don't need rocket science to decipher this, just that some people know but hope against all odds.

FarahAideed:
Exactly it's actually a cultural thing but people don't know ..

It's also a type of investment.

Subtlety #1: Not giving a f*ck is not about being indifferent. It just means you’re comfortable with being different. Don’t say f*ck it to everything in life, just to the unimportant things.

The end of class 3.

Now this is ADA/BTC pair graph on tab trader

Now u go back to ur home page nd here is ADA/BTC pair on ur tab trader

It brings you to this page, then u search and click the coin u ar trading, in this we will use Cardano wich is ADA/BTC pair as illustrated above

It brings you to this page, u then click binance or any exchange u are tradin with

Now to add coins u on tab trader, this is how u do it, let us use binance as an example

To add coins, click this

This is tab trader and these are all the coins am monitoring presently

Class 3 is basically on how to use Tab Trader.

I believe y'all have downloaded tab trader.
With the aid of pictures i will show you guys how it works.
With tab trader you can monitor all your trades from exchanges like bittrex, binance, kraken, kucoin, etc
So you dont have to log into the exchange to monitor your trades,you can do that using tab trader.

Now lets go

Last 2 numbers added.

Class 3 loading

Many questions were asked inbetween class 2 and 3 and after class 3, I will skip them for now and post the teachings on class 3, after which I will post the various questions.

Olgasmith:
Soul47 u never post the lecture for here.

The third lecture right...

Will do that this evening or early tomorrow.

Neddyogu:
What's love got to do, got to do with it?

I get a lil taste then I’m through with it
Then I send her right back to you with it
(How High)

mrMeen:
but to be honest na Dave I like for that song.

It's Burna Boy that brought the whole groove vibe on the track .

Dave did well on the rap but Burna... Flexed well. You seen the video?

nairalanduseles:
Burna always knew u got it .....the song with Dave is killing it in Europe and USA.........fucking legend ...............OG. bro

You mean the track Location?

It's dope. That should be on Dave's album not Burna Boy.

pawesome:
developed countries are countries that have one language but undeveloped countries are those that have plenty languages... Languages is the main barrier before any other thing

Never thought about it that way, but it's a valid perspective.

Quick question, how can we (Nigeria) get there?

Difference between developed and undeveloped countries.

Mftivi:
that guy too daft abeg! You can be traced with your wallet of you put in in a public profile maybe in a forum that has space for that (you have attached a face to the wallet)

How many people care to update their wallet infor?
You guessed it.

Only way one can be traced is if like you said I have updated my personal information on the forum or exchange which is not a prerequisite for owning a wallet.

He has no idea of crypto that's why he spilled those things in the thread.

Your first response to him was quite funny, about him quoting you without having idea the topic being discussed.

Lol