Cryptocurrency Q&A
What is stop limit for dummies?
What is stop limit for dummies?
CryptoKing
Mon Nov 11 2024
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5 answers
1234
I'm a beginner in the stock market and trading. I've heard about stop limit but don't understand it fully. Can someone explain what a stop limit is in simple terms that a dummy like me can understand?
5 answers
benjamin_stokes_astronomer
Wed Nov 13 2024
A stop-limit order is a financial tool that offers investors increased control over their trading activities.
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OliviaTaylor
Wed Nov 13 2024
It allows investors to specify both the maximum or minimum prices they are willing to accept for each order.
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Giulia
Wed Nov 13 2024
This order type is activated when the stock price reaches a predetermined stop price set by the investor.
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KpopStarlet
Tue Nov 12 2024
Upon reaching the stop price, a limit order is automatically triggered.
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Margherita
Tue Nov 12 2024
This limit order instructs the market maker to execute the buy or sell transaction at the specified limit price.
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