i want to create a limit sticky order at specific price to be able to get benefit from flash pump or flash crash dump.
Sometimes there are spikes in price when someone buy a market order with huge money . so i want to create an sell order lets say 3% higher than my buy order and stick it in the order book . and in the same time go on with my slow strategy which lets say the target is 1% higher than the buy price . so i want to stick that order 3% higher in the order book and once i reach the 1% i cancel it and sell . so which one come first i sell with it . either the flash pump 3% or the normal slow strat 1%
how can i do that ?
Sometimes there are spikes in price when someone buy a market order with huge money . so i want to create an sell order lets say 3% higher than my buy order and stick it in the order book . and in the same time go on with my slow strategy which lets say the target is 1% higher than the buy price . so i want to stick that order 3% higher in the order book and once i reach the 1% i cancel it and sell . so which one come first i sell with it . either the flash pump 3% or the normal slow strat 1%
how can i do that ?