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This helps to minimize losses and maximize profits. Simply put, the trader sets a price at which he is willing to buy or sell and the trade is executed when the price is reached. Fill or Kill order: This order is only valid if the trade order size can be fulfilled 100%. Any partial execution is null and will not be executed. Immediate or cancel order: Similarly, this order must be executed instantly, or not at all. Speed is essential to the execution of this order. In crypto trading, fundamental and price analysis is important, Can you buy Binance Coin at currency exchange, can you buy cardano with credit card on cash app. We already know it’s impossible to trade 24/7 on our own, which means missing out on profitable trades while we’re sleeping or when we don’t have access to our trading platform. But, time is not the only issue. Our emotions often get in the way too. We experience situations where we get FOMO or just get too greedy, and ultimately, lose profit. 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