Cryptocurrency Q&A Should limit be higher than stop?

Should limit be higher than stop?

StormGlider StormGlider Thu Nov 14 2024 | 6 answers 1219
I'm trying to understand the relationship between limit and stop in a certain context. Specifically, I want to know if the limit should always be set higher than the stop, or if there are cases where this might not be necessary or even advisable. Should limit be higher than stop?

6 answers

Nicola Nicola Sat Nov 16 2024
You have the option to set a limit price that can vary from the stop price.

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CryptoLord CryptoLord Sat Nov 16 2024
If you are buying, you may choose to set a limit price higher than the stop price.

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DaeguDivaDanceQueenElegance DaeguDivaDanceQueenElegance Sat Nov 16 2024
Conversely, when selling, you can set a limit price lower than the stop price.

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Tommaso Tommaso Fri Nov 15 2024
This flexibility allows investors to exercise greater control over their trades.

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KatieAnderson KatieAnderson Fri Nov 15 2024
By doing so, you can better manage the execution price of your transactions.

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