ilmscore | Order Types Predictions
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Order Types

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Recent Predictions

Total: 6
Correct: 0
Incorrect: 0
Pending: 6
Unrated: 0
Prediction
Author
Predicted at
Status
Video
A sell stop order is used to enter a trade below the current price when the price declines and triggers the order.
"a cell stop order gets you into a trade below current price if price goes down and hits your order"
The Trading Channel (The Trading Channel) The Trading Cha...
Apr 15, 2023
Pending
Day Trading The Asia...
A sell stop order is suitable when a trader does not wish to enter a trade at the current price, but wants to enter if the price moves lower and gains downside momentum, especially after a pattern like a double top.
"what you would be telling your broker is I don't want to be in the trade yet and if price goes up I ..."
The Trading Channel (The Trading Channel) The Trading Cha...
Apr 15, 2023
Pending
Day Trading The Asia...
A sell limit order is used to enter a trade if the price rises to a specific predetermined level.
"a cell limit order is you telling your broker get me involved if price pushes up to this exact point"
The Trading Channel (The Trading Channel) The Trading Cha...
Apr 15, 2023
Pending
Day Trading The Asia...
A buy limit order is placed when expecting a pullback to a specific price level before a potential upward move, for example, trading the neckline of a double bottom.
"for a buy limit order let's just set one up let's say prices were up here this green candle and let'..."
The Trading Channel (The Trading Channel) The Trading Cha...
Apr 15, 2023
Pending
Day Trading The Asia...
A buy stop order is used when a trader wants to enter a trade if the price breaks above a certain level (like the neckline of a double bottom) and moves higher, but not if it continues to decline.
"and if prices were before this green candle let's say I can actually go ahead and use the replay too..."
The Trading Channel (The Trading Channel) The Trading Cha...
Apr 15, 2023
Pending
Day Trading The Asia...
A sell stop order was placed when there was a lack of confirmation and selling pressure, but a desire to enter if prices moved down dramatically.
"I wanted to place an order right here what order would that be hopefully you said a sell stop order ..."
The Trading Channel (The Trading Channel) The Trading Cha...
Apr 15, 2023
Pending
Day Trading The Asia...