Hubert Senters here.
In this video, I’m going to show you how to do a limit order and coinbase pro. I had some people asking me how I do this and I have to modify couple orders so I’m going to walk you through this.
So first I’m going to be adding to a ADA position. I’m going to click right here that says BTC-USD. I’m using coinbase pro instead of coinbase. It’s a little cheaper and I like it a little bit better.
I’m going to click right there and I’m going to type in ada. Once I do that I’m going to choose the ADA-USD and then I’m going to move the camera up a little bit here and put this in here. There you go.
Now, you can see that I’ve got a couple of stage orders. A buy order for $500 ADA at a buck $40 and an order for about $1360 at a buck $10. I’ll probably not get the buck $10.
So now I’m looking at the daily chart here. I’m looking like I need to bump my order up to probably $145.
First thing I’m going to do is I’m going to fill this order. I need 500 at $145. That’s canceled. And all I’m going to do I’m going to go limit order.
I’m going to do a dollar point 45 and I think it I wanted $500 for that is what it was. And then I’m just going to go place order and then you can see that place order right there.
I’m going to buy $500 at a buck $45. All I’m doing here is I’m just looking about where in the most recent daily charts it has pullback to. I think this thing can potentially 2X, 4X or 10X my money so I’m just building up a little position.
I’ve got some at like a buck $10, a buck $20, a buck $30 so I’m just building up a position so when it pops I can potentially take some profit off the table.
What I’m looking at is over at the last several days it looks like about a buck $63 is held and then down here I want to hit as many candles as I can.
I can manipulate it up and down. So what I’m looking at here is you can see there are sum at $135 and there’s one down here at $127.
I’m trying to get as many candles as I can in this line. It gives me the more time. This has been tagged the better off and probably going to get filled.
So in order to get basically every single one of those candles right there it’s going to be a buck $45. Now, am I paying up by about 10 cents? Yes, I am. I’m ok with that though. And that’s how you do it.
So now, I’ve got an active order for $508 ADA at a buck $45 and hopefully I will get filled and if I don’t I will cancel order and place another order.
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Good luck. Hope it helps. See you on the next video.