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What is the difference among buy limit, buy stop, sell limit and sell stop?

April 26, 2017buy difference limit sell

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What is the difference among buy limit, buy stop, sell limit and sell stop?

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Buy limit – to place an order (Buy position) at a price lower than the market price at the moment of placing the order. Buy stop – to place an order (Buy position) at a price higher than the market price at the moment of placing the order. Sell limit means – to place an order (Sell position) at a price higher than the market price at the moment of placing the order.