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Old 07-02-09, 09:38 AM
Advice Pro Advice Pro is offline
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Join Date: May 2009
Posts: 16
According to this article, Protect Yourself From Market Loss
Quote:
A stop-limit order is an order to sell a stock once a specific price is reached, as long as the price does not fall below the limit specified by the investor. If the stock reaches the stop price, the order is converted to a limit order. The benefit of the limit order is that you have more control over the price at which the sell will be executed.
The last paragraph of the article mentions the four types of stops for which I want to know the differences as well: sell stops, sell stop limits, buy stops and buy stop limits

Last edited by Advice Pro; 07-17-09 at 11:59 AM.
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