₦airaland Forum

First bro...let's clear the confusion...buy order is different from sell order o....


In trailing stop, the buy order works in inverse like the sell order...for instance...if I target to buy at 8$ (as the activation price to buy) and I set trailing to 2%...I am saying when the price moves further down past 8$, no matter the bottom, immediately the price rises 2% above the lowest bottom...buy.

You can see that this is inverse to sell when the price drops 2% from the highest peak of profit....

Spiritualizt:
okay that was what I did, I presume that when the price move above the activation price and limit stop to a new peak and further decline 5% from the new peak the 5% trigger Delta will be activated hope am right?pls check this auto sell order to justify my claim the buy order is 0.2750 sorry for the many questions I just need clarity not to lose my funds.

Yes, it will autosell...and at the time I calculated it from the highest peak, it hasn't reach 5%...that is why I said 5% may be much.

Spiritualizt:
okay that was what I did, I presume that when the price move above the activation price and limit stop to a new peak and further decline 5% from the new peak the 5% trigger Delta will be activated hope am right.

Limit stop should be greater than activation price...activation first, before the limit stop...when the price moves, it gets activated first, and before reaching the desired price set for sale (limit).

Spiritualizt:
boss it's still not clear which one between the activation price and limit stop should be greater and is there any correspondence from the trigger Delta

Yes, it is, if you are holding for a long term for the bull. It is. If it is for a day/week trading, let it return to its lows before going in.

emperornoble:
What do you think of Harmony $ONE coin ?
I think it's a good time to buy .

Mazinewmoney:
please give your humble opinions about these coins listed below

Kishu
Babydoge
Spacey2025 (Spay)
Lunc
Ape
Icp

Kishu is a meme coin, Babydodge is a meme coin....I don't do memecoins except I want to go in as per Ganster style and play poker.

spaceY, there is nothing much on it except mars and trying to link to Elon Musk...don't really see a future. It is low cap and can grow big if it is not a scam and retire you.

Lunc, don't know much about it...but can also retire you if it reperforms...but if it is connected to Terra stable coin...the Do Kwon saga which recked a lot of people and many have not recovered from, hence abandoning the crypto industry.

Ape is good. I have few coins in this.

Icp is good. I'm comfortable with it...

So, out of 6, for me (and this is my opinion), only 2 are viable and you won't get rugged quick.

This is not financial advice; please do your own research.

ok

Pristine664:
Yes. Kuco.in

I think it's on Latok.en too

Lol...looks like PSG fan token is dropping massively today due to Messi's leaving the team...

Nice one...I discovered that it is not available on Binance or Mexc...which exchange do you use? Kucoin?

Pristine664:
1Earth has done +25% again today. I TP too early though.... But it may retrace any moment from now.

©twosquare

Because its halving is few months away, thus an increase in price is expected...it may hit a bull run before the halving date...

Emmizay12:
why is there so much noise about LTC these days?

is MECX the next FTX or just FUD?

Also accused of manipulating meme coins...

Sad sha...I use Wise now...except on a very tight choice will I use PP....their stocks is not even doing well...may go into oblivion if not careful...

SINisSIN:
Lol sincerely and anyone that doesn't understand paypal transaction will tag this lady a scammer.

My last transaction with her was 3.8k USD march of this year (wise fund) so when I saw this story, I kept wondering what happened until I saw PayPal wahala.

Last year, PayPal blocked the account I was using for fiverr withdrawal, when 6 months completed and I wanted to move out the fund, they said I violated their policies. Na so I lost 2000 EUR. I hate PayPal so much but we don't have choice as freelancers.

Someone mentioned jedisco on this thread and you can read his posts on this thread...as for Youtube, I don't know...you may have to do thorough research and find one worth following coz some are just dishing out craps for the views...Find one that teach the basics...


As for bet9ja, if you bring that idea there, then be ready to lose money. bet9ja is only once when you lose money, you lose it...but in crypto and the stock market, you can still regain lost money when it goes high again...except it is a scam coin.

VeteranOG:
thanks so much for the reply, I really appreciate. I won’t ask too much repetitive questions as I’m already reading from the beginning but Omo the thing long like rope(over 3k pages). If you could maybe just give me a specific YouTube guy to follow or maybe a moniker here to understudy(I enter YouTube and there’s a million video already)

Also, I discovered while reading since yesterday I won’t say it’s like bet9ja, however there’s a lot of similar things I’m seeing.

Bottom line is Im just genuinely interested since I’ve been reading and I’m enjoying all the post so far, hence why I asked if I’m not too late.

Thanks regardless and I will follow you boss.

You don't need to read all the pages, sometimes skip..skip and jump.

@SiNisSin.

You will understand...

VeteranOG:
Urm, is it a good time to trade and invest in cryptocurrency or make person just BONE am. I’m reading and enjoying the dialogue,, thing is I’m I not too late like this or something?

Too late ke? When we are not yet in the bull season. Best time to invest for that day...the longer you procrastinate, then it will become late. Anyways, no late comer in the crypto market. Invest with adequate research.

Told him not to get rugged pulled and set a SL.

coldzobo:
Have you seen why you need that badge now ?

I hope you are not in position

Still on the high side...check the 7 days and 1 month data...I don't want to get rugged. Ensure you set a SL.

xynerise:
Time to buy $LINA

Okay bro.. thanks for the explanation on OCO

XaToXi:
For OCO sells, the stop must be higher than limit under stop limit.

In the picture below, if btc gets to 27800 first before 27050, it will sell my bag at 27800 and cancel the 27k stop limit order.

If BTC falls instead and triggers the 27050 activation price, it will sell my bag at 27000 instead.

Provided I bought my bag below 27000, I will be in profit either way.

I think I have found the issue...it can't auto-sell if the 5% has not been reached...your set condition is 5% if it drops from the new peak...

The highest peak today is 0.9630 I think. So, 5% drop from that is 0.04815. (0.9630 - 0.04815 = 0.91485).

So, until the price drops to around this 0.91485, it won't sell. And the price currently since you entered the trade is 0.9343. You may need to adjust the percentage of your trailing stop. how much you want to lose in your profit. me think 5% is too much.
just saying.

Spiritualizt:
Boss I don't know what went wrong my trailing stop loss didn't activate after limit dropped 5% from it new peak?

If it crossed 0.9450, it should have activated and sell when the price drops, except the system didn't catch it on time....

However, I think Binance has got issues as I dey look am. I experimented with OCO some days ago, and it made me lose some money which shouldn't have happened...I doubt even if stop limit will do now...Binance Binance...you may need to tell them on their Twitter support.

Anyone with experience in this should please enlighten us...

Spiritualizt:
Boss I don't know what went wrong my trailing stop loss didn't activate after limit dropped 5% from it new peak?

One of the best choice for performance this month...nfa...

SeePerson92:
Bro, wetin u see about am, the thing just hook my money since Monday, e dey go up and down anyhow, na leverage I dey ooo [ quote author=twosquare post=123530281]Hmmm....TomoChain...

Hmmm....TomoChain...

Bitcoin gains/losses per month since 2009.

I will soon mention the coins you may want to bag against the next bull run. I will mention my opinion and what some others said.

The best way to predict the future is to look at the past.

Any news?

Siberia01:

What's this I'm hearing about MECX

Time to get into $EDU before daybreak...now at its lowest 1.08...switching from $BNX. I hope BNX won't punish me.

Okay...

Hotice085:
Very very very and very FAKE news

Deltavariant:
All this is the script of world bank and IMF, our eyes go see shege when the cost phones, TV, plane tickets begin to rise astronomically, Nigerian economy is not based on only PMS import driven but almost 80% of everything good is imported. Argentina once tried this nonsense but could not save the same from hyperinflation

True, it is the IMF playbook, but phones have always been sold at the Black market rate...and most of the things imported by private businesses...I believe only a few things will be affected.

sonnie10:
Few days ago, someone said , “hope the new refinery would sell US dollars at a good price to the CBN” and we thought it was a joke
Yet again another government policy making it favorable for the refinery to sell dollar at almost the same price with the parallel market.
Meaning more money to the owner and a push up the Forbes ladder.

It is a private business.
Anyway, ₦465 rate is subsidising the naira. It doesn't reflect reality when our inflow isn't much. I even expect the devaluation to be more than that. But with time, it will go down a bit when both Dangote and BUA refineries are functioning at optimal capacity.

Also, we should consider the BRICS nation. We do business more with them than with the 🇺🇸

emerged01:
Unifying the exchange rate go spoil business for Abokis o. Because there wont be need to patronise them when you can easily convert your dollar to naira online and transferring it to your bank account without losing kobo.

No bro. People will still use them,especially when you need the cash.

Also, if you don't want your transactions monitored..I think. In the days when there were no Fx scarcity, people still patronised them...

I'm still looking at if this is feasible...maybe 650 or 700...what do people on this thread think?

Cc. Holladoyheen

Just like I predicted https://www.nairaland.com/7710885/cbn-devalues-naira-630-1

CBN to devalue Naira to ₦630

twosquare:
I've thought about it. I think they will negotiate with big players and institutions to fix a unified exchange rate. They will do consultations. So, before that, keep your ears to the ground.

As for ₦461, I don't see that despite the refinery. It's still close to the official rate which is a facade. We are still an import-dependent nation in other areas, although PMS takes more of it. And I think they will float the naira gradually rather than defend. I will liquidate all my coins and rebuy at the unified rate.

Maybe ₦500 - ₦600.

Yeah, I exited the market quickly, not without catching some red fire on my clothes...I only pity the ones with heavy bags...I hate such loss, can set one back for weeks before recovery rather than upward trend. Please, ensure you set stop loss...although one failed to activate at my own end, I don't why. I will stick with trailing stop henceforth...OCO is bullshit for me.

charly20:
Omo, whatever it is, it just destroyed PA. I suspected when the asset failed to remain above .31

Opportunities still plenty sha.