Cryptocurrency Q&A What is a limit and stop limit order?

What is a limit and stop limit order?

EthereumEmpire EthereumEmpire Sat Dec 14 2024 | 6 answers 1090
I want to understand what limit and stop limit orders are. Could someone explain to me the meaning and differences between these two types of orders in trading? What is a limit and stop limit order?

6 answers

Elena Elena Mon Dec 16 2024
Investors utilize a stop-limit order by determining a specific stop price.

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amelia_doe_explorer amelia_doe_explorer Mon Dec 16 2024
This stop price serves as the point where the order will be triggered.

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LucyStone LucyStone Mon Dec 16 2024
Additionally, they set a limit price which indicates the desired execution price.

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CherryBlossomFall CherryBlossomFall Mon Dec 16 2024
Once the market reaches the stop price, the limit order is activated.

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EnchantedSoul EnchantedSoul Sun Dec 15 2024
The limit order will then attempt to execute at or better than the investor's specified price.

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