Cryptocurrency Q&A How do I stop a limit order?

How do I stop a limit order?

mia_rose_lawyer mia_rose_lawyer Sun Dec 01 2024 | 7 answers 707
I placed a limit order on the stock market, but now I want to cancel it. How can I do that? Is there a specific process or button I need to press to stop the limit order from being executed? How do I stop a limit order?

7 answers

DiamondStorm DiamondStorm Tue Dec 03 2024
Investors utilize a stop-limit order by determining a stop price.

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ethan_thompson_journalist ethan_thompson_journalist Tue Dec 03 2024
This stop price serves as the threshold for activating the order.

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Federico Federico Tue Dec 03 2024
Alongside the stop price, investors also specify a limit price.

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CherryBlossomKiss CherryBlossomKiss Mon Dec 02 2024
The limit price represents the maximum or minimum they are willing to trade at.

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BlockchainBaron BlockchainBaron Mon Dec 02 2024
Once the market reaches the predefined stop price, the limit order becomes active.

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