I’ve purchased shares at 8p, they’re currently in profit, let’s say they are 15p.
I want to sell should they fall to 9p so I’m still in profit.
I’m struggling to understand the difference between setting a STOP value of 9p or setting a STOP LIMIT.
What should I choose?
If I were to set a stop price of 9p and a limit of 8p would this mean that I’m happy for the shares to be sold at 9p but if they’re not fulfilled at the price the least I would want per share is 8p?
Thanks in advance