LogFAQs > #950459630

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Topic	Stock Topic 21
Forceful_Dragon 02/09/21 4:11:52 PM #47:	Here's a picture example of buy/sell limits and how they affect and are affected by the market orders from a sub-penny crypto i've been making some money off of for a couple days: Everything above the mid point (in red) are the Limit Sell orders that are parked on various amounts. So at the time this picture was taken there were a total of 15,088,988 tokens on sale for .0034 apiece from different people's Limit Sell orders and a total of 30,069,596 tokens on sale for .0035 apiece. So if you put in an order for 13,000,000 tokens you would pay .0034 for your entire order, but if you put in an order 18,000,000 tokens then you would buy ALL of the .0034 listed tokens and SOME of the .0035 order tokens.... And if you pull a Moonroof and put an in an order for a BILLION tokens then you would buy all the .0034 and all the .0035 and all the .0036 and all the .0037... etc etc. And everything below the midpoint is the Limit Buy orders that are parked on various price points (in green). And so if you already have some coins and you want to sell them you can just put in a market sell order and you'll get the highest price that is being parked by the Limit Buy orders, in this case .0033 per token. But if you have 50,000,000 tokens and you put in a market sell order you wouldn't get that price for all of them because you would have filled all the .0033 orders and the remainder of your sell would start filling the .0032 orders and so forth. So it would be a better idea to set a limit sell yourself. So if in that scenario you set a limit sell for 50,000,000 tokens @ .0033 you would fill every .0033 limit Buy order and now you would have a standing Limit Sell order (which would move up and be listed in red) for the remaining 15,715618 tokens that you were trying to move. Or if you didn't want to make waves on the market buy/sell price you might just move 5,000,000 tokens at at time and give time for the .0033 orders to be replaced by other orders and make your sale in chunks. --- ~C~ FD https://imgur.com/dGDfxaw <cite>Forceful_Dragon posted [p:950459630] in Stock Topi... [t:79286456]...</cite> <quote>Here's a picture example of buy/sell limits and how they affect and are affected by the market orders from a sub-penny crypto i've been making some money off of for a couple days: Everything above the mid point (in red) are the Limit Sell orders that are parked on various amounts. So at the time this picture was taken there were a total of 15,088,988 tokens on sale for .0034 apiece from different people's Limit Sell orders and a total of 30,069,596 tokens on sale for .0035 apiece. So if you put in an order for 13,000,000 tokens you would pay .0034 for your entire order, but if you put in an order 18,000,000 tokens then you would buy ALL of the .0034 listed tokens and SOME of the .0035 order tokens.... And if you pull a Moonroof and put an in an order for a BILLION tokens then you would buy all the .0034 and all the .0035 and all the .0036 and all the .0037... etc etc. And everything below the midpoint is the Limit Buy orders that are parked on various price points (in green). And so if you already have some coins and you want to sell them you can just put in a market sell order and you'll get the highest price that is being parked by the Limit Buy orders, in this case .0033 per token. But if you have 50,000,000 tokens and you put in a market sell order you wouldn't get that price for all of them because you would have filled all the .0033 orders and the remainder of your sell would start filling the .0032 orders and so forth. So it would be a better idea to set a limit sell yourself. So if in that scenario you set a limit sell for 50,000,000 tokens @ .0033 you would fill every .0033 limit Buy order and now you would have a standing Limit Sell order (which would move up and be listed in red) for the remaining 15,715618 tokens that you were trying to move. Or if you didn't want to make waves on the market buy/sell price you might just move 5,000,000 tokens at at time and give time for the .0033 orders to be replaced by other orders and make your sale in chunks. --- ~C~ FD https://imgur.com/dGDfxaw</quote> ... Copied to Clipboard!
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