In this Broker Tip video, Matt Vitiello explains the difference between using a LIMIT versus a STOP order to enter into a position.
Limit Order
Broker Tip: Matt Vitiello – Limit Order vs Stop Order
In this Broker Tip video, Matt Vitiello explains the difference between using a LIMIT versus a STOP order to enter into a position.
If I Enter on a Limit, Can I Place My Protective Stop at the Same Time?
A common question that new traders often ask is if it is acceptable to place a protective stop while simultaneously placing an order to enter on a limit. The trader who typically asks this question is primarily concerned with having a predefined risk parameter for his limit order. The answer to this question is…