In this video, we'll demonstrate how to create trailing stop and trailing stop limit orders on the thinkorswim® desktop platform. Watch video: Trailing Stop Orders on thinkorswim® Desktop Transcript Open new window Schwab offers trading tools and platforms. Learn more More from Charles ...
A buy stop limit order will only execute at or below the price you’ve set.By using a stop limit order rather than a regular stop loss order, you can specify that you’d like to close your short trade by buying if price rises above a certain level. But if price goes through that l...
The main alternative to a trailing stop-loss order is the trailing stop limit order. It differs only in that once the stop price is reached, the trade isexecuted at the limit priceyou have set—or a better price—rather than at the then-available market price.5...
Limit orders, market orders, and stop orders are common order types used to buy or sell stocks and ETFs. Learn about the risks and advantages of each.