Cryptocurrency Q&A
Why you should always use limit order?
Why you should always use limit order?
CryptoLegend
Wed Nov 13 2024
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6 answers
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I want to understand why it is advisable to always use limit orders when trading stocks or other assets. What are the benefits and advantages that make limit orders a preferred choice over other types of orders?
6 answers
GangnamGlitter
Fri Nov 15 2024
The decision between a market order and a limit order hinges on the unique aspects of each trade scenario.
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Maria
Fri Nov 15 2024
If you have concerns about not securing a specific price, a limit order presents a viable option.
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Riccardo
Fri Nov 15 2024
A limit order guarantees that your transaction will only be executed at or below your specified price if you're selling, or at or above if you're buying.
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CryptoVisionary
Fri Nov 15 2024
This method ensures that you won't settle for a price that's less favorable than what you're aiming for.
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DigitalDukedom
Thu Nov 14 2024
While using a limit order may mean that the transaction takes longer to complete, it offers peace of mind.
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