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Trading means exchanging one item for another such as goods for money. In finance, trading refers to the buying and selling of securities such as stock, options, or futures. Related tags are day-trading, trading-volume, and online-trading.

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Why don't traders place limit orders at all prices to be first in line when the price moves?

The short answer is that they do. Well, they do in the markets where this matters. In volatile markets, queue priority doesn't matter, you'll get filled at the back of the queue whatever. But in big h …
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