Someone please explain this to me in layman's. I looked these up and on a basic level, these seem the same to me. The say things like it turns into a market order if the target price is reached, or better/worse.
My experience with these:
I, for example, once was able to use the limit order function to purchase a stock once it was lowered to a certain price, which worked out well for me. I also tried placing a limit order to sell a stock once it got to a price, only to get a warning saying something that I forgot by now but basically it said that if I do this, I will be executing the order immediately (even though I was told that " A limit order is an order to buy or sell a stock at a specific price or better. " by the SEC website).
1) what is the difference between limit vs stop vs stop limit
2) how can I use these functions to buy/sell at the most favorable price to me?
Thank you
Submitted April 19, 2019 at 09:19PM by darth_damian_000 http://bit.ly/2VR6EKG
