Will there be stop limit options available on Timechain exchange?
I sure hope that there will be those kind of options,to attract experienced traders.
What exactly is a stop limit option?
A stop-loss order is an order placed with a broker to sell a security when it reaches a certain price. Stop-loss orders are designed to limit an investors loss on a position in a security. Although most investors associate a stop-loss order with a long position, it can also protect a short position, in which case the security gets bought if it trades above a defined price.