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Date/Time: Fri, 20 Sep 2024 04:03:18 +0000



Post From: order - Buy Stop Limit

[2013-07-05 15:12:48]
fspisem1 - Posts: 12
Could you confirm which points are true and what is not true?


1)
When using a buy stop limit, the stop have to be ABOVE the current market price and limit can be LOWER than current market price.

2)
When using a buy stop limit both the stop and the stop limit price have to be ABOVE the current market price.

3)
When using a buy stop limit order it can be executed ONLY with specific limit price or LESS than specific limit price but NEVER HIGHER than specific limit price.

Thanks