I understand how the trailing buy works but the amount of coins I can buy is always capped by the limit price.

If, for example, ETH is $500 each and I have $500 to spend.

If I set my limit to 500, I’ll place an order and get 1 ETH. However, if the price keeps dropping down to 100, then I will still only get 1 ETH because the limit field is in quantity not value, meaning I’d miss out on buying 4 ETH and end up with 1 ETH and $400 doing nothing.

What am I missing?

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1 Comment

  1. BinanceCSHelp on 8. December 2023 at 21:53

    Hey there, it’s Trailing Delta. If you set Trailing Delta properly, the order will trigger at Trailing Stop Price rather than Limit Price. To help you understand this concept more easily, here’s a [FAQ](https://www.binance.com/en/support/faq/how-to-use-spot-trailing-stop-order-339635f6260d43c5aefa4c3c921728ec) for you. Thanks! ^AH