{"id":29893,"date":"2022-06-14T10:38:15","date_gmt":"2022-06-14T14:38:15","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=29893"},"modified":"2022-06-14T10:38:24","modified_gmt":"2022-06-14T14:38:24","slug":"what-is-a-limit-order","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/what-is-a-limit-order\/","title":{"rendered":"What Is a Limit Order?"},"content":{"rendered":"\n<p>In financial markets, traders and investors earn money by buying and selling assets. Everything is simple there, as in any other trading platform: you need to buy cheaper and then sell more expensive. For traders who do not hold positions, like investors, for several years or decades, the correct entry and exit points of <a href=\"https:\/\/coinscreed.com\/staging\/binance-quits-support-for-anonymous-litecoin-transactions.html\" target=\"_blank\" rel=\"noreferrer noopener\">transactions <\/a>play an important role.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"834\" height=\"472\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/06\/image-110.png\" alt=\"What Is a Limit Order?\" class=\"wp-image-29899\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/06\/image-110.png 834w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/06\/image-110-300x170.png 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/06\/image-110-768x435.png 768w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/06\/image-110-150x85.png 150w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/06\/image-110-750x424.png 750w\" sizes=\"(max-width: 834px) 100vw, 834px\" \/><figcaption>What Is a Limit Order?<\/figcaption><\/figure>\n\n\n\n<p>It\u2019s essential to correctly analyze what is happening now in the market, and choose the right moments when it\u2019s worth buying or selling. Otherwise, entering at random, there\u2019s a high probability of losing money when the market doesn\u2019t go in the direction of the transaction. To make such correct entries, traders develop trading strategies containing a set of rules that help to understand where and when the probability of catching a price movement is higher.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-limit-orders-in-finance\"><strong>Limit Orders in Finance<\/strong><\/h2>\n\n\n\n<p><a href=\"https:\/\/landing-preview.tabtrader.com\/articles\/what-are-stablecoins\" target=\"_blank\" rel=\"noopener\">What is a limit order<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a> in simple words? A limit order is an order from a trader to a broker to make a deal to buy\/sell a given volume of an asset when the quotes reach a certain level (execution price). In such an application, 2 parameters must be specified:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>the price at which the trader wants to make a purchase\/sale transaction, \u2014 It\u2019s necessarily better than the current market and is at least as far away from it as the number of minimum price steps (points) allowed by the rules of the trading platform;<\/li><li>the planned volume of the transaction.<\/li><\/ul>\n\n\n\n<p>Financial experts highlight the following types of limit orders: There are 2 types of limit orders:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>buy limit;<\/li><li>sell limit.<\/li><\/ul>\n\n\n\n<p>The meaning of their work is identical. They are needed for the correct execution of transactions according to market analysis without the active participation of the trader in the process.<\/p>\n\n\n\n<p>The Sell Limit is set above the current price, triggered by opening a sell deal (short position) when the rising quotes reach a given level.<\/p>\n\n\n\n<p>The Buy Limit is placed below the current market price, executed when the quotes fall to the specified level. Opens a long position (a purchase transaction is being made).<\/p>\n\n\n\n<p>Thus, a limit order opens a deal towards the movement of quotations and only when they reach the specified level (limit). This is its main advantage \u2014 entry into the market is carried out only at a given price or better. This is the difference between a limit order from a market order and a stop order. The last two are executed at the current (Market) or stated (Stop) price or worse.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-tabtrader-an-exchange-for-placing-limit-orders\"><strong>TabTrader \u2014 an Exchange for Placing Limit Orders<\/strong><\/h2>\n\n\n\n<p>The free mobile trading terminal <a href=\"https:\/\/tabtrader.com\" target=\"_blank\" rel=\"noopener\">TabTrader<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><use href=\"#wpil-svg-outbound-7-icon-path\"><\/use><\/svg><\/span><\/a> has a connection to 36 cryptocurrency exchanges, including such popular platforms as Binance, FTX, Bybit, BitMEX, OKX (OKEx), and so on.<\/p>\n\n\n\n<p>Users can trade using all types of orders, namely a limit order, and market order, as well as stop loss and take profit functions on various crypto exchanges. All exchange user accounts are managed from a single interface. The terminal also offers to push notifications about price events.<\/p>\n\n\n\n<p>API keys are stored on the cryptocurrency exchange in encrypted form or are in the possession of users. This means that TabTrader doesn\u2019t have access to user funds.<\/p>\n\n\n\n<p>A distinctive feature of the TabTrader application is that all trading accounts are launched from a single interface. In addition, TabTrader can notify you about price events.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In financial markets, traders and investors earn money by buying and selling assets. Everything is simple there, as in any other trading platform: you need to buy cheaper and then sell more expensive. For traders who do not hold positions, like investors, for several years or decades, the correct entry and exit points of transactions [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":29899,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[26],"tags":[4368,10610,10611],"class_list":["post-29893","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrencies","tag-finance","tag-limit-order","tag-tabtrader"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/06\/image-110.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/29893","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=29893"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/29893\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/29899"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=29893"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=29893"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=29893"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}