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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.




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