Comment on Stop Loss orders - Limit/Market

pramod commented on 02 Dec 2013, 06:35 AM

i think i have got the above wrong 🙂

so basically to enter a long position above market price and to enter short position below market price – i need a stop loss. in reverse scenario i only need limit price.?

1. trigger price is higher than limit price in buy stop loss (going long)

2. trigger price is lower than limit price in sell stop loss (going short)

and the above two statements hold true also to exit trades on a stop loss??

please do be patient with me 🙂

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