Basically you set a "trigger" price and a buy/sell price, whereas your buy/sell offer will be listed if that certain trigger price is reached. Stop limits are used just as a sort of safety net just to somewhat hopefully minimize your losses when a certain coin's price crashes.
Hopefully you can understand it better by looking at the screenshot below (from Bittrex). Look at the conditional options.
I dont understand too how it works but this post made me realize how the stop limit works, thank you mate.Hopefully you can understand it better by looking at the screenshot below (from Bittrex). Look at the conditional options.
I will try this later, and seems like i can go outside using this.
