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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by argentia77on Dec 06, 2015 12:03pm
66 Views
Post# 24359026

RE:They're Eliminating One of Your Investing Tools

RE:They're Eliminating One of Your Investing ToolsI'm no expert in this but isn't a stop-limit order used to protect against a rapidly changing situation?

Stop-Limit - A stop-limit order is an order to execute your trade at the specified limit price or better once the securities trade at, or pass, your designated stop price. Once the stop price you have indicated is reached, the order becomes a limit order to buy (or sell) at the price you have specified or better.

A stop-limit buy order is used to protect against losses in a short sale, or to take advantage of a rise in momentum while a stop-limit sell order may be used to protect against declining prices or to limit a possible loss.

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