📎 Today’s key takeaway: take-profit and stop-loss orders
A stop-limit order places a limit order once triggered. The execution price won’t be worse than the limit price you set, but the order may not fill at all if the price moves past your limit.
Set a stop-loss when you open a position—don’t wait until your losses grow to decide where to stop out.
Unexpected market moves can always happen, so think ahead about what you’ll do if your judgment is wrong.
Back to the market: $BTC is quoted at 83053.45, up 0.46% over 24 hours.
#BTC
A stop-limit order places a limit order once triggered. The execution price won’t be worse than the limit price you set, but the order may not fill at all if the price moves past your limit.
Set a stop-loss when you open a position—don’t wait until your losses grow to decide where to stop out.
Unexpected market moves can always happen, so think ahead about what you’ll do if your judgment is wrong.
Back to the market: $BTC is quoted at 83053.45, up 0.46% over 24 hours.
#BTC