How can I leverage MOC orders to minimize my risks and ensure successful trades in the cryptocurrency industry?

1 answers

• Dec 30, 2021 · 3 years ago
  At BYDFi, we understand the importance of minimizing risks and ensuring successful trades in the cryptocurrency industry. One effective strategy to achieve this is by leveraging MOC (Market on Close) orders. MOC orders allow you to buy or sell a specific cryptocurrency at the closing price of the trading day, reducing the risks associated with intra-day price fluctuations. By executing trades at the closing price, you can avoid the impact of sudden market movements and make more informed trading decisions. MOC orders also provide a higher chance of order execution, as they are executed during the closing auction, where there is typically higher liquidity. Overall, leveraging MOC orders can help you minimize risks and increase the likelihood of successful trades in the cryptocurrency industry.
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