If you are trying to put a trade in on a fast moving market and you see there is a .01 spread between buys and sells and it is going up with, for example 500 LTC on the books to buy at a price of 65.49 and only 100 to sell at a price of 65.50 and you want to get your buy or filled, believing it is going up, in order to sell it back when it starts to reverse, but you can't place the buy order at 65.50 and if you place it at 65.49, you will be at the back of the queue and the price will jump before it fills, requiring you to cancel and replace it higher.
If you place a limit order, there is no fee, but you can't place a limit buy order that matches an existing sell order. If you place a market order, there is a fee, which negates any small gains.
anything you can to do succeed?
Topic: Anything you can do to increase the odds of a limit order going through? (Read 103 times)
November 16, 2017, 02:08:22 AM
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