Sell Limit Order

An order to execute a transaction only at a specified price (the limit) or higher. The sell limit order is used when the trader has a bearish expectation for the asset, but expects the asset to rise higher up to the nearest resistance point before resuming the downward move. A sell limit is a pending order, and using a sell limit ensures that traders benefit from an asset which still has some upward momentum which is not expected to last long.

By |2018-09-04T15:05:48+00:00September 4th, 2018|0 Comments

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