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A stop limit order triggers a limit order once the stop price is reached, ensuring the trade only happens at your chosen limit price That price acts as the trigger for either a market order or limit order A trailing stop automatically adjusts with price movement
It follows the market price at a fixed dollar amount or percentage, helping lock in profits while limiting losses Learn how market, limit, stop, and advanced orders work—plus when to use each one. Considerations for market and limit orders
Here are the pros and cons of each.
A.allows buy orders to be filled at the lowest price B.allows stocks to be purchased at the current market price C.is the quickest way to have an order filled D.is used to buy stocks at a 10% margin
E.sells a stock when the market price drops below a specified price. A stop loss just triggers a market sell/buy to cover Market orders don’t fill while market is closed It will fill at open, whatever that price is
You can set a stop, but it will not trigger until open
If you buy at $20 with target $22 and stop loss at $19, then it goes down to $17 before open, you sl will trigger and fill you at $17 If you are entering the trade during premarket, on a. Master stock order types with this complete guide
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