I'm new to cryptocurrency trading and I'm interested in using Huobi's stop-limit order feature to manage risk. I understand that this type of order allows you to set a stop price and a limit price, but I'm unsure of how to best use the feature. Can anyone provide advice on how to best use this feature to manage risk?
Are there any specific strategies or tips that I should be aware of when using this feature? What should I watch out for when using a stop-limit order? Do the order types offered by Huobi differ from other exchanges? Are there any other features or tools that I should be using in addition to the stop-limit order feature? Any advice or tips would be greatly appreciated.
Are there any specific strategies or tips that I should be aware of when using this feature? What should I watch out for when using a stop-limit order? Do the order types offered by Huobi differ from other exchanges? Are there any other features or tools that I should be using in addition to the stop-limit order feature? Any advice or tips would be greatly appreciated.