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Topic	Stock Market General #40
theAteam 10/29/21 10:55:35 AM #438:	NightMarishPie posted... Does anyone here use TD? I am so stupid at this. What is the difference between a stop limit order and trailing stop $/%? Is a stop limit order like, if the stock is 300 but drops to 250, sell at 250 and is a trailing stop like sell if stock drops x % or x $? For example, what I want is if I have a $300 stock and it drops to $250 then I want it to sell. I want some safety nets on my stocks. Is that what the stop limit order is? Yeah you basically got it. Stock A is at $300, you want to get out of the position if it goes to $250 or below. Stop limit is an open order that will sell at the price you set below the current value. Trailing stop basically raises the stop limit automatically as the stock price increases. Stock A is at $300, you put a trailing stop for $50 below current price. Stock raises to $310, your stop limit now is at $260. --- Buffalo Bills Season Prediction: 13-4 Season: 4-2 Week 8: vs. Miami <cite>theAteam posted [p:959500992] in Stock Mark... [t:79653358]...</cite> <quote>NightMarishPie posted... </cite> <quote>Does anyone here use TD? I am so stupid at this. What is the difference between a stop limit order and trailing stop $/%? Is a stop limit order like, if the stock is 300 but drops to 250, sell at 250 and is a trailing stop like sell if stock drops x % or x $? For example, what I want is if I have a $300 stock and it drops to $250 then I want it to sell. I want some safety nets on my stocks. Is that what the stop limit order is?</quote> Yeah you basically got it. Stock A is at $300, you want to get out of the position if it goes to $250 or below. Stop limit is an open order that will sell at the price you set below the current value. Trailing stop basically raises the stop limit automatically as the stock price increases. Stock A is at $300, you put a trailing stop for $50 below current price. Stock raises to $310, your stop limit now is at $260. --- Buffalo Bills Season Prediction: 13-4 Season: 4-2 Week 8: vs. Miami</quote> ... Copied to Clipboard!
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