Basic Stock Lessons - "Buy Stop Limit" Order

[indiafxtrader]

hi buy stop and limit sell stop and limit can you make in graph.?

[RaggaDnB]

Great tutorial, best I've seen

[faYte0607]

I have the same question as LifeLiberty... Can you please answer? What he said makes a lot of sense.. Why would you want to enter at a price higher than the current market price? Don't you want to buy at lower price?

[madhusasidhar]

@faYte0607 Like goldenticker said, you would use this type of order in anticipation of a breakout...i.e. you are saying to yourself that you would buy this stock only if it goes past 140 (Current trade price is 135) however you do not want to pay more than 142.

@goldenticker: Thanks for taking time to make and post this video

[RA5536]

One of the best explanation video I have seen, my question is , you started at the $20 entry mark, and using $21 as the limit price, WHAT were you using as the MARKET price?

[LifeLibertyLove]

Why does the limit trigger if it is HIGHER? Shouldn't it trigger when it is lower your limit? Why would you want to wait for the stock to INCREASE in price before you buy?

Example Stock is 150$ but I want to buy 140$ if I set the limit at 140$ and the maximum at 145$ wouldn't it automatically buy at 145 since it is above 140???

[gsnipe5]

wow man thank you so much....u should seriously sell simple videos like this...many young ppl like myslef that want to get in to stocks

[calamaty]

Very well explained! I'm a big fan of Limit Orders though. Now I have a clear explanation of the Stop Order Limit. Thanks!

[Sasukki]

U just made my life easier , thank you for sharing ur knowledge

[tamaduni]

thank you -clear and straight to the point

[fruitygumball]

I have a broker's account with the banc of america, but I don't see the list of "limit price" or "stop price."

It only shows "stop limit" and the "price" to enter the amount next to it. Is it b/c banc of america does not offer this option?

[goldenticker]

I would call them and ask them how to enter in a stop or a limit price..this is very basic.

[peopleonsale]

awesome, much better than Scottrade's explanation

[goldenticker]

Thanks for the nice words.

[gtownlad77]

this guy should sell his vid good teacher

[goldenticker]

Thanks! Good idea.