What are conditional trading orders (and why use them)?

What are conditional orders?

Source: DeltaStock

It’s no secret that market orders—those that allow the instant purchase or selling of any asset at its current market price, are widely popular among both novice and experienced traders.

But what if we don’t want to pay the current price of our chosen financial instrument? The solution to this problem is using the so-called conditional orders—flexible instruments that make semi-automated trading possible.

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