My market orders are cancelled - what is market price protection?
Market price protection cancels a market order if it tries to fill at a price that goes against you too much. It means you shouldn't be using market orders because the volume on the exchange is too low. You should stick with limit orders so you control the price you get. Market orders can have a lot of price slippage when the volume is low and you end up buying at a really high price or selling at a really low price. The market price protection mechanism protects you from this danger.
My market orders are cancelled - what is market price protection?
Market price protection cancels a market order if it tries to fill at a price that goes against you too much. It means you shouldn't be using market orders because the volume on the exchange is too low. You should stick with limit orders so you control the price you get. Market orders can have a lot of price slippage when the volume is low and you end up buying at a really high price or selling at a really low price. The market price protection mechanism protects you from this danger.
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