Learned from the Crab Trader: Using market orders and limit orders appropriately
There are two ways to place FX orders: a market order that executes at the current price, and a limit order where you specify your desired price. Many traders may wonder which is more effective. In the video, Kani Trader mentions that in a poll on his YouTube channel, the number of market-order supporters and limit-order supporters was roughly split, and each has its own pros and cons. This time, Kani Trader explains how to use both market and limit orders effectively to achieve better trades.
What you can learn from this video
In this video, you will learn the following
- Difference between market orders and limit orders
- Kani Trader’s rules of thumb
- Cautions about market orders
- Advantages of limit orders
- Summary of market and limit orders
● Video length: 12 minutes 13 seconds
Kani Trader Profile
Started YouTube Live on January 15, 2018. Trades are broadcast live for 12 hours from midday to late night. Under the themes “Make money, in front of you” and “Make money, in front of you too,” he publicly shares his limit orders, stop orders, and entries every day.
YouTube channel:FX Kani Trader KazYoung
How to view FX videos
For those who purchased the article, the FX videos are embedded at the bottom of this article. Click the play button to start the video.
