Cryptocurrency Q&A
Why use stop limit instead of limit?
Why use stop limit instead of limit?
KimchiQueenCharm
Sun Nov 10 2024
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5 answers
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I'm trying to understand the advantages of using a stop limit order instead of a regular limit order. Could someone explain the reasons why one might choose a stop limit over a limit?
5 answers
SeoulSerenitySeeker
Tue Nov 12 2024
Upon triggering, this mechanism initiates an order to sell the stock at a specified limit price or a more favorable rate.
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Riccardo
Tue Nov 12 2024
When an investor employs a stop-limit order, a specific mechanism is activated upon the stock reaching a predefined stop price.
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Ilaria
Mon Nov 11 2024
This approach offers a degree of control that is not available with traditional stop orders.
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GangnamGlitz
Mon Nov 11 2024
With a stop-limit order, investors can prevent their stocks from being sold at a drastically lower price during market volatility.
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Riccardo
Mon Nov 11 2024
BTCC, a leading cryptocurrency exchange, provides a range of services that cater to the needs of investors. These services encompass spot trading, futures trading, and wallet management, among others.
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