| 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"}" |
|---|
hiveblocks