When you cancel an order on bisq you will lose some of the fees you’ve paid.<br>
If you’re an active trader you want to put in a sell order at a resistance level e.g. but if the resistance is broken, you might want to cancel the order if you think price will go up because of the break-out.<br>
<br>
Or, if you want to be a market maker you put in a sell and buy order at the same time, but when other exchanges the price move you want to adjust these orders constantly.<br>
<br>
Hope this helps<br>
<br>
Get Outlook for iOS<https://aka.ms/o0ukef><br>
________________________________<br>
From: Chaskin Saroff <notifications@github.com><br>
Sent: Friday, August 2, 2019 11:34:42 PM<br>
To: bisq-network/bisq <bisq@noreply.github.com><br>
Cc: Coen Kuijpers <coen.kuijpers@asild.eu>; Mention <mention@noreply.github.com><br>
Subject: Re: [bisq-network/bisq] Write a trading bot using the Bisq API (#1054)<br>
<br>
<br>
@Quenos<https://github.com/Quenos> Could you elaborate on the cost of canceling orders? When would orders need to be canceled?<br>
<br>
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