1. | conceptA buy or sell market order triggered at a set price threshold. Stop Limit sell orders are also known as a "Stop Loss" orders.
1.1 | stop limit buy
Carol wants to buy $1000 USD of BCH, but only if a bull run is confirmed. Carol sets up a stop limit buy order for $1000 USD with the stop set at $1000 USD/BCH, currently the price is at $800 USD/BCH. Carol's order will not execute until the price reaches $1000 USD, at which point Carols market buy order will be placed. Go Carol.
1.2 | stop limit sell
Carol wants to set up a stop loss order as insurance against the price drastically dropping while Carol is on vacation. Carol sets up a stop limit sell order for her 5 BCH at $699 because she believe that if the price drops below $700 it will go down even further. If the price hits $699 Carol's stop loss will execute and a market order selling 5 BCH will be placed. Should of hodl'd, Carol.
* All terms and definitions will change as the Cryptionary improves
Proof of Stake
Proof of Work
Pump and Dump
Replace By Fee
Simple Ledger Protocol
Simplified Payment Verification
Stop Limit Order
Transactions Per Second
Two Factor Authentication