Recently, I have been trying the reverse order strategy in trading for about ten days. However, there are still some key issues troubling me. Firstly, I would like to understand whether the price set for the reverse order will definitely be executed at the set price. For example, if I accidentally set the price from 0.07947 to 0.01947, will the trade be executed at this incorrect low price, resulting in significant losses?
Additionally, I noticed that if the set price is lower than the current market price, as long as the market price is above the set price, the transaction seems to be executed at the market price. This raises a question for me: why do most of the tutorials I see suggest setting the price very close to the current market price?
These issues involve the core operations of the Reverse Order Strategy, which is especially important for beginners. Correctly understanding and setting prices can not only optimize trading strategies but also effectively avoid potential risks. Therefore, I hope to receive answers from some experienced traders in order to better master this trading method and improve the safety and efficiency of trading.
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EternalMiner
· 17h ago
Master, instead of playing reverse, why not try copy trading?
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InfraVibes
· 10-06 10:52
Huh~ It's always good to be careful.
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DeFiVeteran
· 10-06 10:49
Newbie highlights: Avoiding liquidation is the most important.
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ProxyCollector
· 10-06 10:49
Newbies should not play with reverse orders! It's you who will get blown up.
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GasWaster
· 10-06 10:24
You have to lose at least three times to understand this trap.
Recently, I have been trying the reverse order strategy in trading for about ten days. However, there are still some key issues troubling me. Firstly, I would like to understand whether the price set for the reverse order will definitely be executed at the set price. For example, if I accidentally set the price from 0.07947 to 0.01947, will the trade be executed at this incorrect low price, resulting in significant losses?
Additionally, I noticed that if the set price is lower than the current market price, as long as the market price is above the set price, the transaction seems to be executed at the market price. This raises a question for me: why do most of the tutorials I see suggest setting the price very close to the current market price?
These issues involve the core operations of the Reverse Order Strategy, which is especially important for beginners. Correctly understanding and setting prices can not only optimize trading strategies but also effectively avoid potential risks. Therefore, I hope to receive answers from some experienced traders in order to better master this trading method and improve the safety and efficiency of trading.