stock trading glossary
stock trading glossary
stock trading to sell the question, what use ..?
my breakeven price of $ 3.58, say I want to sell if it reaches $ 3.60 at any time, of order less than what I use? I use the glossary, but only made it more complicated for me .. and take it step further, if you can use an example to help explain the meaning of each one, I really appreciate it. Market Limit Stop Stop Limit Trailing Stop Trailing Stop Loss Limit
Limit order is best to do what you described. Their actions will not be sold unless you can get $ 3.60 for it. market is the price at the time, could vary slightly. I have never used the top end, but is similar to the following example, but in reverse: Stop Loss of the media: For example, say that now in Stock $ 4. You benefit, but only if stock tanks, you can set a stop loss at $ 3.60. Its shares will be sold automatically to $ 3.60 if the price of the dives. You can save if in case one day the stock is reduced to $ 2.00, for example. Cash at $ 3.60 and avoid making a loss. The Stop Loss and Stop limit terms are not officially used any more. The official term is now a "Stop", because sometimes not necessarily stop loss, and therefore was misleading.
