brian.dotts88

Ladder smart orders are used for the implementation of grid strategy. This type of order is executed when the price is up and down. In other words, this order type works when buy and sell orders are created around the specified price at regular intervals. Visually, this technique resembles a grid, hence the name. In this case, every time the sell price exceeds the buy price during a flat move, buy orders placed below are automatically executed, which then leads to sell orders that are placed above.

By the way, users can manage their risks by setting Stop Loss and Take Profit. These functions can mitigate losses and increase profits. It is worth noting that smart orders are placed to open market, limit, or stop-limit orders.