Question

What are the differences between a stop-loss order, a limit sell order, and a market order?

What are the differences between a stop-loss order, a limit sell order, and a market order?

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Answer #1

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Difference between:

Market orders: market order instructs the broker to execute the trade immediately at the best possible price available in the market.

Limit orders: A limit order is an order which places a minimum execution price on sell orders and a maximum execution price on buy orders.

Stop-loss order: A stop-loss order is an order, which is not executed until unless the stop price has been met.  

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