A stop order executes a market order. A trader will pay the market's best available price when the order is filled. A limit order instructs your broker to fill your buy or sell order at a specific ...

This can be used for both buy and sell orders, such as if you set a stop limit to buy a stock as it's rising or a sell stop-limit order to control the maximum loss you'd take. "When trading ...

A stop-limit order builds one additional layer that requires a specific price be met that is different than the sale price. For example, a limit order to sell your security for $15 will likely ...

Limit orders are only one of three main categories of orders an investor might use to buy or sell shares. The others—market and stop orders—function a little differently. Market orders are the ...

You then need to fill in the deal ticket with the following information: Buy or sell: The direction of your trade. Size: The value you are looking to deal. Stop: Your stop loss if the market moves ...