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Questions tagged [always use]

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CryptoLegend CryptoLegend Wed Nov 13 2024 | 6 answers 1082

Why you should always use limit order?

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?

Why you should always use limit order?

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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