Can I set a time duration for a limit order on Robinhood when trading digital currencies?

3 answers

• Mar 06, 2022 · 3 years ago
  Yes, you can set a time duration for a limit order on Robinhood when trading digital currencies. When placing a limit order, you have the option to specify the duration of the order. You can choose from options such as 'Good for Day' (expires at the end of the trading day) or 'Good till Canceled' (remains active until you manually cancel it). This allows you to have more control over your trades and helps you manage your positions effectively.
  447224
• Mar 06, 2022 · 3 years ago
  Definitely! On Robinhood, you can set a time duration for your limit orders when trading digital currencies. This feature is quite handy as it allows you to automate your trading strategy. You can choose to set the duration as 'Good for Day' or 'Good till Canceled'. It's important to note that the duration you choose will impact the execution of your order, so make sure to select the one that aligns with your trading goals and preferences.
  443148
• Mar 06, 2022 · 3 years ago
  Absolutely! When trading digital currencies on Robinhood, you have the ability to set a time duration for your limit orders. This feature ensures that your order remains active for a specific period of time before expiring. It's worth mentioning that other platforms, like BYDFi, also offer similar functionality. By setting a time duration for your limit order, you can take advantage of market opportunities without having to constantly monitor the price movements.
  467117