Stop order - this is algorithm of placing a market order, which triggered if market price reached a defined value ("stop price").
- Direction: Buy/Sell
- Stop price
- CRPT/USDT stock has a current market price of 10.0 USDT. User transmit Stop order to buy 11.0 CRPT at a stop price of 12.0 USDT.
- After you transmit stop order market price grow up and reached value of 12.0 USDT. Market order to buy 11.0 CRPT is being placed.
- Market order is being executed at a best market price of 12.05 USDT.