Buy and Sell functionality of Limit, Stop & Stop Limit explained

[phildawson]

Understanding STOP, LIMIT and STOP LIMIT

The app and desktop have descriptions when you click into the sections. Basically a Market and Stop which will just try and get the best price. A limit or a Stop limit allows you to specify the max or min price per share you are willing to do the deal at depending on buy/sell. The limit can save in situations where the price say might blip temporarily above the trigger point, if you have it at give me the best price it might be higher/lower than what you wanted to either buy/sell at when the …