A limit order is an order to buy or sell a security at a certain price or better. When placing a limit order, investors specify a maximum price they are willing to buy for or a minimum price they are ...
A stop loss order is a trading tool that automatically sells a security if its price falls to a set level, helping investors ...
James Chen, CMT is an expert trader, investment adviser, and global market strategist. A discretionary order is an order condition that gives a broker some latitude for its execution in terms of ...
If you’re still a novice trader, one whose strategies haven’t grown toward the more sophisticated side of things, your trade entries and exits might need some guidance. You need to familiarize ...