Which Order To Use? Stop-Loss Or Stop-Limit Orders
These orders are similar to stop-loss orders, but as their name states, there is a limit on the price at which they will execute. Investopedia September 18, A stop-loss order would be appropriate if, for example, bad news comes out about a company that casts doubt upon its long-term future. In a portfolio-level backtest we usually advocate against using limit orders. Both types of orders can be entered as either day or good-until-canceled GTC orders.
November 26, 2014
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