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155. How to Close Stock Trades Using Stop and Limit Orders

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Uploaded by on Oct 13, 2008

http://www.informedtrades.com/

The next lesson in our course on how to trade stocks which covers how to close open stock positions using market, stop, and limit orders.

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  • the big problem is when the market closes at 101, and open the next day at 91, of course the stop loss will trigger, and your loss is incommensurable!

    it's always better to place a stop limit order to resolve the issue, and I think that TOS platform charges a higher fee on that specific type of trades..

  • Wouldn't placing a stop and a limit order be the same as an OCO? I mean if price drops to 100 it will sell all shares and there won't be any more shares to sell if price goes back up to 110. Unless it sells short. Would it sell short in such a case?

  • Very informative, thank you!

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