Question on limit orders..
I sent this e-mail to my freetrade..but maybe you know the ANSWER now. cut/paste
OK..I need to know HOW to place an order and the terminology used (Stop?..Stop
limit?..Limit?) to BUY a stock at a HIGHER price than it CURRENTLY is..
is it possible to do that?..
for example..say a penny stock has been at 3¢ for a long, long time..I do not
want it at that price..
BUT I WOULD want to BUY it should it climb to 3.7¢.. (because charts indicate
that if it crosses that threshold it could go to 6¢)
Help!
Thanks!
Dave
My posts my opinion only, make your own financial decisions.