Understanding Market, Limit, and Stop Orders

[@stanbrown5929]

This video was perfect! Well Done!

[@UNIQUEEVERYDAY]

Thank you for making this so clear and getting straight to the point

[@jameseldridge3445]

This honestly might be one of the most important concepts when it comes to trading.

[@ronrozen2105]

That was a great explanation, thanks for that :)

[@GQ-jv9uw]

Holly Molly GREAT video

[@divacupvampire4716]

Wow thank you! This made it easy to under for a novice like me

[@KenLahne2]

2:05 Can I simultaneously place a limit order and an exit order with fractional shares? Set the entry and exit price with one click?

[@CharlesSchwab]

Schwab Stock Slices (for purchasing fractional shares) does not currently have this capability. ^MF

[@babyblue7798]

OMG i dont get this! oki , came back 11 days later. Now i get it, due to repetion of various forex trading YT videos!

[@caucasianafrican1435]

Nice!

[@jasondashney]

That's awesome. Stick with it. There's always something more to learn.

[@AJ-qf9ci]

I swear these so called "traders" can't explain shit.

[@user-ip5fm3ck4p]

Which ones?

[@lancecollins5074]

good explanation

[@kayacankardes2292]

Hi, does anyone know what this below refers to when my order gets cancelled? (Order rejected due to: Fill Closed)

[@CharlesSchwab]

It sounds like an order that was rejected because it was already filled. This could happen in the situation if you submitted an order, maybe it didn't get filled so you decided to change some aspect of the order but by the time you finished it had already been filled. You can reach a specialist directly by phone using 800-435-4000 if you want them to look up your account with you and view that order. ^CH

[@kajalavanthika6038]

Clear explanation :)

[@teefight1]

Great explanation 😃

[@lorenzovillegas2457]

Why are manual stops/buys faster to initiate than automated stops/buys. It’s difficult for me to trust the platform… however I know it takes practice to become proficient with these tools.

[@CharlesSchwab]

Hello and thank you for reaching out. While we can only offer limited support through social media, our specialists are happy to assist. To discuss your concern with a broker, please call 800-435-4000 or initiate a secure chat session on Schwab.com, available 24/7. ^CH

[@UnderTheSeaPatrick]

So a long position in trailing stop will result in the SELL of the stock? Its so confusing. Why is it not short position of trailing stop?

[@CharlesSchwab]

It's a matter of understanding terms. A trailing stop (as well as a market stop) will close out a long position. Selling short is when you initiate or open a short position. If you have not already done so, feel free to call 800-435-4000 to review this with a Specialist as soon as possible. ^CH

[@nigorarustamova]

Great explanation! Thank you! :)

[@anupamajayaraj]

when a place a limit order at 50 and the next day it's showing that i bought it for 57 or something. why is that so?

[@CharlesSchwab]

Hello, we appreciate that you reached out! Please send us a private/direct message for additional direction. You can contact us at 1-800-435-4000, or log in to Schwab.com to initiate a secure chat for assistance. Representatives are available 24/7. Thank you! ^CH

[@lorenzovillegas2457]

Why are manual stops/buys faster to initiate than automated stops/buys. It’s difficult for me to trust the platform… however I know it takes practice to become proficient with these tools.

[@holleleyu3858]

During a stop market order why would the investor want to Sell at a Trigger price that is lower than the current stock or sell lower than trigger price. Why would you want to sell low I thought you would Want to sell high always

[@CharlesSchwab]

The idea of a stop order would be to limit further losses if the stock continued to move down. Here's a great webcast from Schwab Coaching that explains the methodology and mechanics of stop orders. kzbin.info/www/bejne/iprPpnyCZd55i9Usi=zig5IV3WE_XYPwGw ^BW

[@hmsv908]

anyone who trades the markets will lose money, it's inevitable and for that you would want to minimize yours losses as much as possible

[@mex1579]

Nice!

[@LearningMadeEasyyy]

I need lay man Explanation

[@CharlesSchwab]

Hey Learning. I'm going to give you a link to a webcast that goes into detail about placing orders. You might find it helpful. kzbin.infoQD_vt9O5LhQ ^CH

[@YvesPlace]

Yes

[@AJ-qf9ci]

Still don't get it. The first guy I watch make a "Beginners" video and start talking about stop loss, long and short position. How do I suppose to know these terms as a complete beginners without google it before hand? Bad examples and almost useless info graphic. Junk instructor everywhere. Smooth and fast video != good explanation

[@CharlesSchwab]

I just listened to the entire video. It's a clear presentation with definitions that beginners need to know, and no need to look up any terms before the video. You could try reviewing it again. Repetition is the mother of all learning. ^CH

[@HarryBalsark]

dude is giving out free info. be more grateful, my guy