What are some examples of stop order trading?

Answer by  frank (279)

A very good stratehy in trading stocks is to use a stop order. This enables the investor to set a limit of how much to pay for a stock. An example could be that he wishes to purchase BAX at 58 but not any higher and sets the limit accordingly.

Answer by  tamarawilhite (17883)

It is an order to sell a stock at a certain price. For example, you input a stop order to sell when the stock is $20 a share.

Answer by  Shankalot (484)

Setting a stop order on a stock trade is easy. People do this to protect gains, by setting a price below where stock is trading.