prices. In this case, a sell order was placed for.00000596 BTC on exchange. Reading the order books Reading the order books correctly is a big part of being a trader. There will be a maximum of five slots per hour. Trading in any investment market is exceedingly difficult, but success first comes with education and practice. Especially if you do it manually. Spend your time making the trade instead of finding one. Next, nearly all currencies are priced out to the fourth decimal point. Each slot will cost.005 BTC / hour (regardless of the BTC/USD/EUR price). What should you use DinoTrader for: Finding profitable trades within seconds between hundreds of coins and multiple exchanges. But with every trade you make there are risks involved.
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If you do not know how to read an order book correctly, then making profitable trades will be difficult. Although you can make money this way, youll never know where the price will. Step 3: select the opportunity type, highest bid lowest ask will give you all profitable trades you can make right away. Source(s t, chicago 8 years ago 0, thumbs up 2, thumbs down, comment). Wouldnt it be great if there was a tool that lists all profitable trades between exchanges for you? Trading scripts do not work between exchanges. If you do well in forex trading, you can always apply your knowledge to stocks if those fit your personality better. Some coins might be a scam. I would choose forex because you could get started with a much smaller amount of money, (therefore loose a lot less). You'll get experience how your market moves and get an idea of how to input orders, size your positions, and place stop losses, etc. The currency market, or forex (FX is the largest investment market in the world and continues to grow annually.
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