Buy Limit Order

On January 28, 2011 By

Description: A Buy Limit order is placed with a brokerage to buy  a set number of shares at a specified price or better.

Operation: The limit price of a Buy Limit order is set at the maximum value you wish to purchase the stock. The broker will hold the order until the price of the [...]

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Buy Stop Limit Order

On January 26, 2011 By

Description: An order to buy a security at a specific price. It is triggered when the market price equals  the buy stop limit  price.

Operation: A Buy Stop Limit order on a stock means your broker will hold your order to buy the stock you requested until it reaches the price you specify.  When entering [...]

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Buy Stop Order

On January 25, 2011 By

Purpose: To execute an order on a stock to buy at or above a specific price.

Description: An order to buy a security entered at a price above the current market price. It is triggered when the market price equals or exceeds the buy stop price. The idea is that a good buying opportunity is [...]

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Market Order

On January 16, 2011 By

Description: An order to buy or sell a stock immediately at the best available current price.  A market order is sometimes referred to as an “unrestricted order”. These orders do not guarantee a price, but they do guarantee the order’s immediate execution. The last-traded price is not necessarily the price at which the market order [...]

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One way to protect gains and limit losses automatically is by placing a virtual trailing stop order. With a trailing stop order, you set a stop price as either a gap in points or a percentage of current market value.

Imagine you purchased 1 lot of EUR/USD at 1.4000 and the current price is 1.4100. [...]

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