Then, set the limit price. The limit price is the price at which you want to buy or sell the security. This price is used to limit the maximum price you will pay or the minimum price you will receive for the trade. A time frame must also be set during which the stop-limit order ...
Limit Orders By Gerelyn Terzo Gerelyn Terzo, a journalist with over 20 years of experience, brings her expertise to her writing. With a background in Mass Communication/Media Studies, she crafts compelling content for multiple publications, showcasing her deep understanding of various industries and...
Limit Orders By Gerelyn Terzo Gerelyn Terzo, a journalist with over 20 years of experience, brings her expertise to her writing. With a background in Mass Communication/Media Studies, she crafts compelling content for multiple publications, showcasing her deep understanding of various industries and...
A stop order executes a market order, which means a trader will pay the market's best available price when the order is filled. Key Takeaways A limit order instructs your broker to fill your buy or sell order at a specific price or better. A stop order will activate a market order ...
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Instead of the order being executed at the stop price, the sell order becomes a limit order. A limit order can only be executed when the stock’s price is at the limit price or at a price more favorable than the limit price.
You're asking them to stop using something that they're familiar with and that currently works for them, even if it's imperfect. You're asking them to try something new and learn how to use it. You're asking them to pay money for something that was previously free. ...
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