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What is the meaning of MOC (Market on Close) on TD Ameritrade in the context of cryptocurrency trading?

avatarSamira BaroutiNov 28, 2021 · 3 years ago7 answers

Can you explain the concept of MOC (Market on Close) on TD Ameritrade in the context of cryptocurrency trading? How does it work and what are its implications for cryptocurrency traders?

What is the meaning of MOC (Market on Close) on TD Ameritrade in the context of cryptocurrency trading?

7 answers

  • avatarNov 28, 2021 · 3 years ago
    MOC (Market on Close) is an order type offered by TD Ameritrade that allows traders to buy or sell a specific quantity of a cryptocurrency at the closing price of the trading day. This order is executed as close to the market close as possible. It is a convenient way for traders to participate in the market at the end of the day without actively monitoring the price fluctuations. However, it's important to note that the closing price may be different from the last traded price due to after-hours trading. Traders should consider this when using MOC orders.
  • avatarNov 28, 2021 · 3 years ago
    MOC (Market on Close) on TD Ameritrade is a feature that enables cryptocurrency traders to execute buy or sell orders at the closing price of the trading day. It is a popular choice for traders who want to take advantage of the price movements that occur towards the end of the day. By placing an MOC order, traders can avoid the need to constantly monitor the market and make quick decisions. However, it's essential to understand that the closing price may not be the same as the last traded price, especially in volatile markets. Traders should be aware of this potential discrepancy.
  • avatarNov 28, 2021 · 3 years ago
    MOC (Market on Close) is a convenient order type available on TD Ameritrade for cryptocurrency traders. With an MOC order, traders can buy or sell a specific quantity of a cryptocurrency at the closing price of the trading day. This allows traders to participate in the market without actively monitoring the price movements throughout the day. It's important to note that MOC orders are executed as close to the market close as possible, but the closing price may not be the same as the last traded price. Traders should consider this when using MOC orders on TD Ameritrade.
  • avatarNov 28, 2021 · 3 years ago
    MOC (Market on Close) is a feature provided by TD Ameritrade for cryptocurrency traders. It allows traders to place buy or sell orders at the closing price of the trading day. This order type is especially useful for traders who want to take advantage of the price movements that often occur towards the end of the day. By using MOC orders, traders can participate in the market without actively monitoring the price throughout the day. However, it's important to keep in mind that the closing price may not be the same as the last traded price due to after-hours trading. Traders should be aware of this potential difference.
  • avatarNov 28, 2021 · 3 years ago
    MOC (Market on Close) is a popular order type on TD Ameritrade for cryptocurrency traders. It allows traders to buy or sell a specific quantity of a cryptocurrency at the closing price of the trading day. This order is executed as close to the market close as possible, providing traders with an opportunity to participate in the market without constantly monitoring the price movements. However, it's crucial to understand that the closing price may not be the same as the last traded price due to after-hours trading. Traders should take this into consideration when using MOC orders on TD Ameritrade.
  • avatarNov 28, 2021 · 3 years ago
    MOC (Market on Close) is a convenient feature offered by TD Ameritrade for cryptocurrency traders. With an MOC order, traders can buy or sell a specific quantity of a cryptocurrency at the closing price of the trading day. This allows traders to participate in the market without actively monitoring the price throughout the day. However, it's important to note that the closing price may differ from the last traded price due to after-hours trading. Traders should be aware of this potential discrepancy when using MOC orders on TD Ameritrade.
  • avatarNov 28, 2021 · 3 years ago
    MOC (Market on Close) is an order type available on TD Ameritrade for cryptocurrency traders. It allows traders to buy or sell a specific quantity of a cryptocurrency at the closing price of the trading day. By using MOC orders, traders can participate in the market without actively monitoring the price movements. However, it's important to keep in mind that the closing price may not be the same as the last traded price due to after-hours trading. Traders should consider this when using MOC orders on TD Ameritrade.