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A stop-limit order is a type of trade order. A stop-limit order combines a stop order with a limit order. When the price of an asset reaches the stop price set by the trader, it automatically triggers a limit order. The limit order is then executed at the set limit price or better. A limit order is an order to buy or sell a stock with a restriction on the maximum price to be paid (with a buy limit) or the minimum price to be received (with a sell limit). If the order is filled, it will only be at the specified limit price or better. However, there is no assurance of execution. A limit order may be appropriate when you think you can buy at a price lower than—or sell at a price higher than—the current quote. A drawback of market orders is that these orders are considered taker orders (as you are taking away liquidity from the orderbook), for which exchanges charge higher fees. Learn More Here.where can i buy lorde edge
International stock quotes are delayed as per exchange requirements. Coincheck requires users to perform Two-Factor Authentication during login, helping you protect your account from malicious third parties with both a password and your phone. This article is part of our Decoding series, where we explore the fundamentals of currency and how investors can start interacting with the digital asset. currency is a virtual currency secured through one-way graphy.
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