Comment on Bracket Orders & Trailing Stoploss (SL)
commented on
15 Sep 2015, 12:47 PM
You’d choose to place a sell limit order if you wish to sell the stock at a price higher than what its trading at.
If the market price is 1230 and you place a limit order to sell it at 1200, it’d sell immediately at 1230. If you want to sell it at 1250 when its trading at 1230, you’d have to place a limit order.