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Hello , welcome to huobi guide tutorial

there is 3 types of trading orders on huobi global limit orders, market orders amd stop limit orders
and today we will learn how to do stop limit orders
but first let's try to understand stop limit is
"Stop-limit" order refers to the pre-set stop (trigger) price and limit price and amount after trigger.
When the latest price reaches the trigger price, the order will be placed according to the pre-set
price to help users maintain profits or reduce losses.

stop limit is soo helpful ekspesialy when the market goes volatile ,help our money save , and save our
time..
lets jump to the tutorial, first log in to your huobi global account and choose the coin that you want to
be stop limit, lets say u choose btc

Click stop limit , there is 2 option in there buy and sell btc.. lets say you choose sell

Stop means the price that triggers limit orders

Limit means price that you want to sell, (standart limit orders)

Amount is total btc that you want to sell


If the market price reaches or goes through the Stop Price, your limit order will imedietly place on order
book

Example

Let's say a BTC is currently trading at 8000

You'd like to sell your BTC at 7800 if it reaches or goes below 7900

You can place a Stop-Limit order by setting the Stop Price to 7900 and the Limit Price to 7800

If the btc price reaches or goes below 7900, your order becomes automaticly a limit order with a Limit
Price of 7800

Let's say a BTC is currently trading at 8000

You'd like to buy BTC at 8100 if it reaches or goes below 8050

You can place a Stop-Limit order by setting the Stop Price to 8050 and the Limit Price to 8100

If the btc price reaches or goes to 8050, your order becomes automaticly a limit order with a Limit Price
of 8050

-END-

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