diff --git a/DeFi/Day-trading/Limit-orders.md b/DeFi/Day-trading/Limit-orders.md new file mode 100644 index 0000000..36d5528 --- /dev/null +++ b/DeFi/Day-trading/Limit-orders.md @@ -0,0 +1,9 @@ +## Limit orders + +
+ +* Limit orders ensure a user is getting the price they want when buying or selling an asset, without worrying about slipage. +* When a limit order is placed, the price at which the order is placed is known as the limit order. +* The limit price is the worst price the trader is willing to execute the trade at, the order will only be filled at this price or better. +* Limit orders can serve as an effective method od captureing the volatility of an asset. +* Orders can be set at prices significantly higher or lower than the current price, while being monitored and adjusted.