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Bitcoin Forum > Economy > Marketplace > Service Discussion > Exchanges > HELP RE: take profit sell order - Stop - loss orders - on kraken
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wackojax (OP)
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May 21, 2017, 08:32:09 AM
 #1
Hello
I'm new here and i'm trying to understand how "take profit sell order" works on Kraken.
I'm confused and think i missed something.
Could someone clarify how this works ?
maybe a stupid question, but is there a risk in a Take Profit order ? how does that work?

thanks in advance ...
I tried to find a video on youtube but did not find any... maybe an idea for a tutorial ?

cheers
j
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Velkro
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May 21, 2017, 05:17:04 PM
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Quote from: wackojax on May 21, 2017, 08:32:09 AM
i'm trying to understand how "take profit sell order" works on Kraken.

as this is just term "invented" by Kraken, you should check their's FAQ or send a message to support
they will explain with 100% certaintity. I would not use advice from here how it works, coz this could be misleading or not entirely true

personally i prefer to not use automatic options like that, just put sell order myself, its more "sure bet" for me
wackojax (OP)
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May 21, 2017, 05:33:50 PM
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Thanks a lot for your answer... am still interested in more opinions Smiley
cheers
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