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How can I use TIF and GTC to maximize my profits in the digital currency industry?

avatarGaneshneelakantamDec 27, 2021 · 3 years ago1 answers

Can you provide some strategies on how to use Time in Force (TIF) and Good 'Til Canceled (GTC) orders to maximize profits in the digital currency industry?

How can I use TIF and GTC to maximize my profits in the digital currency industry?

1 answers

  • avatarDec 27, 2021 · 3 years ago
    At BYDFi, we recommend using TIF and GTC orders as part of your trading strategy. TIF orders allow you to take advantage of short-term price movements, while GTC orders can be used to set long-term positions. By using these order types effectively, you can maximize your profits in the digital currency industry. Remember to always do your own research and consider your risk tolerance before making any trading decisions.