HOW TO SET / PLACE OCO ORDER ON BINANCE (Easy Steps 2021)
0In this video, I'm going to show you how to place an OCO order in Binance exchange.
You know that feeling when you want to buy a coin but it's too expensive? Well not anymore thanks to the OCO (One Cancels The Other) Order! This trading strategy lets you enter two orders at once; one for buying and one for selling. If the price reaches your target or better on either order, then whichever had been filled first will be canceled automatically. Let me teach you how easy it is by using a practical example with Bitcoin as our base currency.
These types of orders are great for trading because they allow us to set a condition that must be met before we execute our next order, which makes it easier for us when trading during volatile markets or times where the market has been moving quickly
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0:00 - Intro
0:10 - HOW TO SET OCO ORDER ON BINANCE
2:00 - Outro