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What is the benefit of using Stop Loss or Stop Limit

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darksultanas3fd
2021.04.11 16:08

What is the benefit of using Stop Loss or Stop Limit, instead of just place a sell order similar to the one that the will be placed at a certain price. When a certain price reaches, the sell order will be created,.  so what?   I could just, from the begining, place a sell order just like the Stop Loss will place.

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