标题: Stop loss order [打印本页] 作者: w1977 时间: 2011-7-11 18:24 标题: Stop loss order
Simple and probably stupid question, but is a stop order a special type of market order or limit order?作者: bapswarrior 时间: 2011-7-11 18:24
Stop loss sell (protects a long) can only be placed below the current market price.
Stop loss buy (protects a short) can only be placed above the current market price.
Once the "limit" is hit the order actually becomes a market order, so the price you get filled on may very from your actual stop price in a fast market.
