Stop orders automate buying/selling of stocks at set prices, limiting loss or securing profits. Sell-stop orders trigger sales when stocks drop to protect gains; buy-stop orders engage on price rises.
A limit order is a tool used by traders to make a purchase or sale at a specific price or better. A stop order executes a market order. A trader will pay the market's best available price when the ...
Stop orders activate at a set price; limit orders execute only at specified price limits. Stop-limit orders combine stop settings with limit protections against poor prices. Traders use stop-limit ...