Cryptocurrency Q&A
How to use CMP in trading?
How to use CMP in trading?
FantasylitElation
Wed Nov 20 2024
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6 answers
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I'm interested in understanding how to effectively utilize CMP (Customer Message Protocol?) in trading. I want to know the best practices, strategies, and any potential pitfalls to avoid when implementing CMP in trading decisions.
6 answers
Andrea
Fri Nov 22 2024
Your trade order will only be executed when the market reaches the price you specify.
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LucyStone
Fri Nov 22 2024
This method provides you with greater control over your trading decisions.
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Silvia
Thu Nov 21 2024
However, it is important to note that your order may not be executed immediately.
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WhisperWindLight
Thu Nov 21 2024
Let's take an example to illustrate this point. Suppose the current market price (CMP) of a stock is Rs 101.
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noah_doe_writer
Thu Nov 21 2024
But you are only willing to buy this stock at a price of Rs 95. In this scenario, you can place a limit order at Rs 91.
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