Dear All,
This question may seem noob to some, but so be it
If I ask to buy way higher than the current best ask price, I will still be filled at the lowest price, am I right?
And reversely, if I ask to sell way lower, I will be filled at the highest bid price(s), true?
Alot of exchanges don´t have market price that you can buy for, and if things move very fast, I need to put a higher price than the actual one when I buy, and the other way around. I get the feeling sometimes that when selling, my order is matched against some people way down in the order book below the best bids if I say I agree to sell like at 75 % under the current price, which I do to make it 100 % sure that I´ll get rid of what I´ve bought.
But perhaps it´s just the orderbook which has very few entries at the highest bid price...
Some clarification would be very useful.
Thanks in advance!
