Cryptocurrency Q&A How to use stop limit?

How to use stop limit?

Raffaele Raffaele Mon Dec 02 2024 | 7 answers 1770
I'm trying to understand how to effectively use stop limit orders in trading. I want to know the steps and strategies behind setting a stop limit, and how it can help me manage my trades better. How to use stop limit?

7 answers

Silvia Silvia Wed Dec 04 2024
Investors utilize a stop-limit order by determining two key prices.

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Caterina Caterina Tue Dec 03 2024
Once the stop price is breached, the limit order enters the market but only executes if the price is favorable.

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SamsungShineBrightnessRadiance SamsungShineBrightnessRadiance Tue Dec 03 2024
The first price is the stop price, which acts as the trigger for the order.

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CryptoLord CryptoLord Tue Dec 03 2024
This means the order will only be filled if the security's price is at or better than the investor's specified limit price.

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InfinityRider InfinityRider Tue Dec 03 2024
BTCC, a leading cryptocurrency exchange, offers a range of services including spot, futures, and wallet solutions.

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