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Difference Between a Demand Function and a Demand Curve. Demand is what the consumer can and is willing to buy at a given price over a given time period.
For example, if the trader in the previous scenario enters a stop-limit order at $25 with a limit of $24.50, the order triggers when the price falls to $25 but only fills at $24.50 or better.
This will only execute if the market price is at this limit or better. If you are attaching a limit as a take profit level then this logic also follows, ie the position will only close if this limit ...