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/biz/ - Business & Finance

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25646763 No.25646763 [Reply] [Original]

I don't get the difference between Limit trading and Stop-Limit trading. Both these transactions go through once the price is reached, so what's the difference?

>> No.25646797

>>25646763
limit = turns into market at level
stop/limit = turns into limit at price level

>> No.25647129

>>25646797
So the Stop price is the price that triggers a Limit order, and the Limit price is the specific price of this Limit order. is that correct?

I hear that when the Stop price is reached, the Limit order will be immediately placed on the order book? So what is the benefit of delaying placing the order on the book?

>> No.25647451

>>25647129
so when the price tanks when you sleep

>> No.25647575

>>25647129
>So what is the benefit of delaying placing the order on the book?

stop losses?