Sunday, July 14, 2013 3:05:53 PM
Stop loss/limit ~
Stop orders are generally used to protect a profit or to prevent further loss if the price of a security moves against you. Stop orders are triggered by a transaction or print in the security. A stop loss order will become a market order when a transaction or print occurs at the stop price you've selected. A stop limit order will become a limit order when a transaction or print occurs at the stop price you've selected.
My opinions are just that......my opinions. Good luck to all investors/traders.
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