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The Spice Melange

Patience at your own price (limit orders and ladders)

Choose your price and let the market come to you, or not. "Nothing filled today" is a fine result.

New to this

A limit order says "only at this price or better". It may wait for days. That waiting is the point: you decided calmly, in advance.

If you've bought some crypto

A ladder is a few small buys at prices below the mid. The honest flip side: in a long fall, every rung fills and you hold more of a falling coin. That is why sizes stay small.

If you trade actively

Rung spacing should track recent ranges. Re-centering too eagerly churns fees; fee and gas drag can erase small round trips entirely.

A worked example

Worked example: three rungs at 2%, 4% and 6% below the mid, each one-third of a small size. In a dip to -3% only the first fills; in a fall to -10% all three fill and you wait.

Education only, not financial advice. Trading can lose money, including all of it. No returns are promised.

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