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What is a Cover Order?

Explore the concept of cover orders in trading. Understand how they function, their advantages, and how to use them to manage risk and enhance your investment strategy effectively. Ideal for traders at all levels

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What is a Cover Order? - Trading Fuel
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What is a Cover Order? - Trading Fuel

A cover order is an order to buy or sell a security at a specific price if the security's current market price reaches that price.