Viewing a response to: @musing-threads/a9976gync
<a href="https://musing.io/q/javalord/pkcmfshhx"><b>View this question on Musing.io</b></a>
| author | javalord |
|---|---|
| permlink | pkcmfshhx |
| category | musing-threads |
| json_metadata | "{"app":"Musing","appTags":["crypto","trading","exchange",""],"appCategory":"crypto","appBody":"Among the 3 methods asked above, which one is the best one to trade with. ","appDepth":1,"musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"question"}" |
| created | 2018-10-07 08:43:03 |
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<a href="https://musing.io/q/javalord/pkcmfshhx">View this answer on Musing.io</a><br />
| author | niel96 |
|---|---|
| permlink | f3ez9gpdx |
| category | musing-threads |
| json_metadata | "{"app":"Musing","appTags":["crypto","trading","exchange",""],"appCategory":"crypto","appTitle":"In crypto trading, what's the difference between a stop order, market other and stop limit?","appBody":"<p><strong>Market order</strong></p>\n<p>With a market order you buy or sell a cryptocurrency for the current market price. </p>\n<p><strong>Stop order</strong></p>\n<p>With a stop order your trade will only be executed when the cryptocurrency reaches a certain price (the stop price). Once the cryptocurrency has reached this price, the stop order essentially becomes a <a href=\"https://www.investopedia.com/terms/m/marketorder.asp\">market order</a> and is filled. </p>\n<p>Stop order may come in handy when you have no time to watch the market but want to buy or sell at a particular price.</p>\n<p><strong>Limit order</strong></p>\n<p>This is very similar to a stop order but there is a difference.</p>\n<p>A <a href=\"https://www.investopedia.com/terms/l/limitorder.asp\">limit order</a> is an order that sets the maximum or minimum at which you are willing to buy or sell a particular cryptocurrency. </p>\n<p>You are guaranteed to buy or sell at a certain price but there is no guarantee your order will get filled. While with a stop order you make a market order once a particular price is hit so your order is guaranteed to be executed but the price is not guaranteed.</p>\n<p><br></p>\n<p><strong>Which one is the best?</strong></p>\n<p>That's personal preference, i use the stoploss most because it allows me to have a better price than making a market order while not having to watch the market.</p>","appDepth":2,"appParentPermlink":"pkcmfshhx","appParentAuthor":"javalord","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}" |
| created | 2018-10-15 23:07:12 |
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Thanks for sharing your opinion on this. I was going to post somthing similar but you really nailed it. well done!
| author | classicmemes |
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