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In futures trading, order type matters. Markets, limits, and stops are three varieties of orders implemented to enhance strategic efficacy. In this blog, we will examine stop order versus limit order functionalities and how each can help you optimize your performance in the live market. Gain Precision with Limit Orders A limit is an order… Read more.
For most people new to the markets, the phrase “stop loss order” carries with it an ominous connotation. Images of foreclosure signs and overdrawn bank accounts come to mind, both products of a once-promising opportunity gone awry. However, for veteran traders, stop losses are not viewed as foe ― they’re a powerful tool for avoiding… Read more.
As any veteran trader will tell you, having your stops run is not a pleasant experience. However, it doesn’t need to be a financial disaster. While the connotation surrounding the word loss is ominous, do not be fooled ― the stop loss order is often a trader’s best friend.
Fast and furious this morning. Short, sweet and to the point. There are more SOFT markets below than usual, but that is only a coincidence. These are the best charts and formations that I am looking at right now and they happen to be in the SOFTS.
Buying on support and/or selling against resistance are not new concepts. A strategy that Brian Cullen likes to teach is how to make your stop loss order a 2 lot when trading a buy support or sell resistance type strategy.
Buying on support and/or selling against resistance are not new concepts. Chances are you have traded on both of these ideas. But what about the times when you were wrong? What happens to the price action after you were stopped out? Was there a trading opportunity missed?
In this Broker Tip video, Matt Vitiello explains the difference between using a LIMIT versus a STOP order to enter into a position.
In this Broker Tip video, Matt Vitiello explains the difference between using a LIMIT versus a STOP order to enter into a position.