A stop order instructs a broker to buy or sell shares of a stock (at the current market price) once it reaches or passes a specified trigger price. When an investor instructs their broker (usually ...

A buy limit order is a stock market order where investors set a maximum price for buying a security. This method lets investors control their purchase price and avoid paying too much in volatile ...

Investopedia / Xiaojie Liu A stop order exits a long or short position ... breaks to a new high at $100 and you buy. You decide you're willing to risk a 5% loss on the initial entry, so you ...