Order Types: Market, Limit, GTC, Stop-Loss | Options Trading For Beginners

[@projectfinance]

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[@edwinmulawa2401]

Simple man!You just nailed it,please do more tutorials in this simplest form.Other people who upload videos on KZbin make us think that forex is so hard like a peasant attempting to marry a princess in Great Britain.

[@projectfinance]

Thank you! Will do.

[@arshiabeigi9727]

What's the best/most commonly used order type for buying a call option contract?

[@sujithsurendran7672]

Whats the difference between stop-loss order and limit order then?

[@projectfinance]

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.

[@supersaiyanmuslim7569]

legend.

[@lalittuty6108]

(28)=128

[@munashemcgiles6908]

Wow