Trading Up-Close: Stop and Stop-Limit Orders

When it comes to managing risk, stop orders and stop limit orders are both useful tools, but they aren't the same. Join Kevin Horner to learn how each works and when is the right time to use one over the other.

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[Otis-the-III]

Excellent content! Just made my 9th withdrawal from the market! I can't tell you how glad I am that I got into trading after being introduced to it last year. Yeah risk management is KEY!

[dewaynec]

Thank you!! I watched 5 other videos about this topic and was still confused until you explained it! Thank you for using visual references!!

[khuynh]

you have no idea how much I appreciate all theses videos. working on getting my certification and self teaching is not easy. THANK YOU CHARLES SCHWAB

[iamric]

would of preferred a tutorial on the Schwab website actually placing a trailing stop.

[MrChuujitsu]

Thank you! Been looking for a very simple explanation!

[Bluespicygreen]

Great video! Informative and short video straight to the point. Personally a simple stop order works for me.

[mr.grantsartexplorations]

Thanks, I finally get it… after hours was not something I thought about

[MySimpleNYCLife]

Thank you, for this easy to understand video! ❤

[benbraceletspurple]

Using timer for the limit is smarter. If the patern changes while you aren't watching, you don't have to enter it.

[Euro-GaNationalist-hvon]

If I buy shares at $100, can’t I also put in a stop limit order above the price? Why would I want to sell at a loss? Why not put a stop limit at $110 and a limit order at $107?

[andsmith]

so im struggling to understand the advantage of a stop limit besides the uniquness of saving you from a afterhours dip which triggers a sell on a standard stop order. Besides that, is a stop the most common way to protect you from a loss?

[williamthomas]

Does this only apply to prices going down, buy or selling?

[firstime]

Anyone could teach me what is a LIMIT PRICE and STOP PRICE when I place an order? I know LIMIT is the price must be higher than LIMIT if I am correct, but what is a STOP?

[timevhow]

can you set a stop to sell higher than what you bought it for?

[TedThomson-xdvk]

i'm having an issue with placing a stop loss to mitigate loss and also placing a sell limit to collect profit at a certain % at the same time. I get a notification about having orders for more shares than i have. Any way to make one automatically close when the other one is filled?

[aim]

Can a stop limit be added for profit? Stop at 100 limit 150 so would sell the best price between 1010 and 150? Or the max it reaches to; let’s say it reached to 140 only. Or the order will be for 150 and if it’s not reached the shares won’t be sold? Thanks

[qpvnuqi]

What does Distance for Market mean and it has percentage ?

Does it have to be 100%

How long does it take ?

[TheOne-xuoy]

Made a huge mistake in trading, now I know fully what a stop limit order is smh. Wow lol.

[cilcy]

Where can I find how to put stop losses on option orders

[Barker-sfzw]

Market makers and other traders cannot see a stop order since it simply triggers a market order. So they can be good for large orders since market makers will sometimes employ "stop hunts" to help increase liquidity. A stop hunt is where the market makers will manipulate the price so as to trigger the filling of stop-loss orders if they see a bunch of them clustered together. But these sneaky bastards are good at figuring out where stop orders are likely to be based on other factors, and if they're motivated enough to try and sweep them out, they're going to find them.