✅ New to options trading? Master the essential options trading concepts with the FREE Options Trading for Beginners PDF and email course: geni.us/options-trading-pdf
Simple man!You just nailed it,please do more tutorials in this simplest form.Other people who upload videos on CZcams make us think that forex is so hard like a peasant attempting to marry a princess in Great Britain.
A stop-loss is an order that is triggered when your specified price is hit. Such as if you buy a share of stock for $100 and place a stop-loss at $90. You will sell the share if the stock price falls to $90. A limit order is an order that will only get executed at that price or better. If the stock price was $100 but you only wanted to pay $99 for it, you could do a limit order to buy the shares at $99/share. If the shares fall to $99, you will buy the shares at $99 or better. A stop-loss is used to protect against losses when you have an open position. A limit order is used to only execute a trade at your specified price or better.
✅ New to options trading? Master the essential options trading concepts with the FREE Options Trading for Beginners PDF and email course: geni.us/options-trading-pdf
Simple man!You just nailed it,please do more tutorials in this simplest form.Other people who upload videos on CZcams make us think that forex is so hard like a peasant attempting to marry a princess in Great Britain.
Thank you! Will do.
What's the best/most commonly used order type for buying a call option contract?
legend.
Whats the difference between stop-loss order and limit order then?
A stop-loss is an order that is triggered when your specified price is hit. Such as if you buy a share of stock for $100 and place a stop-loss at $90. You will sell the share if the stock price falls to $90.
A limit order is an order that will only get executed at that price or better.
If the stock price was $100 but you only wanted to pay $99 for it, you could do a limit order to buy the shares at $99/share.
If the shares fall to $99, you will buy the shares at $99 or better.
A stop-loss is used to protect against losses when you have an open position.
A limit order is used to only execute a trade at your specified price or better.
Wow
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