What is the actual price in a stop limit order for cryptocurrency trading?

3 answers

• Loralee MaynardMar 02, 2025 · 8 months ago
  The 'actual price' in a stop limit order for cryptocurrency trading refers to the specific price at which the order is executed. It is the price level at which the stop price triggers the limit order. This means that once the stop price is reached, the limit order becomes active and is executed at the 'actual price' or better. The 'actual price' can be influenced by market conditions and liquidity. It is important to set the stop price and limit price carefully to ensure the desired execution price is achieved.
  516

  258
• Atasha SmithSep 23, 2022 · 3 years ago
  When you place a stop limit order in cryptocurrency trading, the 'actual price' is the price at which your order is executed. It is the price level that triggers your limit order. For example, if you set a stop price of $10,000 and a limit price of $9,800, your order will be executed at the 'actual price' of $9,800 or better. Keep in mind that the 'actual price' can be influenced by market volatility and liquidity. It's important to set your stop and limit prices based on your trading strategy and risk tolerance.
  518

  173
• abdiwasacJul 21, 2024 · a year ago
  In a stop limit order for cryptocurrency trading, the 'actual price' is the price at which the order is executed. It is the price level that triggers the limit order. For example, if you set a stop price of $10,000 and a limit price of $9,800, your order will be executed at the 'actual price' of $9,800 or better. The 'actual price' can be influenced by market conditions, such as supply and demand, as well as the order book depth. It's important to consider these factors when placing a stop limit order to ensure you achieve your desired execution price.
  558

  140