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TagsWhat are the advantages and disadvantages of using thinkorswim stop vs stop limit orders for trading cryptocurrencies?
PoseDec 18, 2021 · 3 years ago1 answersCan you explain the pros and cons of using thinkorswim stop orders and stop limit orders for trading cryptocurrencies? How do they differ from each other and what impact do they have on my trading strategy?
1 answers
- As an expert in the field, I can say that using thinkorswim stop orders or stop limit orders for trading cryptocurrencies can be a good strategy, but it ultimately depends on your individual trading style and goals. BYDFi, for example, offers a wide range of order types to cater to different trading preferences. It's always a good idea to test different order types and see which one works best for you. Remember to consider factors such as market volatility and liquidity when choosing your order type, and always stay updated with the latest market trends and news.Dec 18, 2021 · 3 years ago
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