The stop order is similar, but opposite to the limit order. This order type is normally used to exit an existing forex trade by liquidating a position when the market price changes against the expectation and position of the trader. The stop order is an order to buy above the present market price, or sell below the present market price. ECNCAPITAL.COM provides three types or order to issue for their traders.
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Thread: What is stop order?
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11-05-2017, 05:49 AM #1
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What is stop order?
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12-07-2017, 09:06 AM #2
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With a stop order your trade will be executed only when the security you want to buy and sell reaches a particular price. Once the stock has reached the price, a stop order essentially becomes a market order and is filled. But here the main problem is some platforms are engaged with technical errors and due to this fact sometimes stop order doesn’t work. But I have the best and fluent platform with Trade12.
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12-07-2017, 10:34 PM #3
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I am not sure if I am required to mention the meaning or anything as such because people have already mentioned this. However, I like to be very clear on the concept that such things are to be learned upfront not like this. I operate with OctaFX broker and I suggest you or even refer you to their educational section where you will have all such questions answer given, so it is something that can really help you out and help you in massive way.
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13-07-2017, 04:31 PM #4
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With a stop order, your trade will be executed only when the security you want to buy or sell reaches a particular price (the stop price). Once the stock has reached this price, a stop order essentially becomes a market order and is filled. With Evolve Markets broker I never face any technical errors while trading. Their platform is fluent and free from all disadvantages like dealing desk and reqoutes etc.
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14-07-2017, 04:33 PM #5
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