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A Limit order is one that would get executed the moment the price of the stock reaches your limit value.
Lets say you want to by shares of XYZ limited and its trading now at $100 per share. You are expecting it to come down but still you want to buy and hence you place a limit order at $90 per share.
When the share price comes down and at the moment it touches $90 per share your order would get executed and those shares would be bought against your name.
If the share does not reach $90 by the end of the trading day, your order stands null and void.
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How many types of trade are there?
All trades are made up of separate orders, that are used together to make a complete trade. All trades consist of at least two orders (one buy and one sell order), usually with one order to enter the trade, and one or more orders to exit the trade. A single order is either a buy order or a sell order, and an order can be used either to enter a trade or to exit a trade. If a trade is entered with a buy order, then it will be exited with a sell order, and vice versa. For example, if a trader expected the market's price to go up, the simplest trade would consist of one buy order to enter the trade, and one sell order to exit the trade. Conversely, if a trader expected the market's price to go down, the simplest trade would consist of one sell order to enter the trade, and one buy order to exit the trade. If this last example seems backwards, see the shorting entry in the trading glossary for an explanation. Traders have access to many different types of orders that they can use in various combinations to make their trades. The following explanations will explain each of the order types, and how these orders are used in trading. Note that many traders do not fully understand all of these order types, and they may seem slightly abstract at first, but their use will become clearer once you start to use them in your trading. Market Orders (MKT) Market orders are orders to buy or sell a contract at the current best price, whatever that price may be. In an active market, market orders will always get filled, but not necessarily at the exact price that the trader intended. For example, a trader might place a market order when the best price is 1.2954, but other orders might get filled first, and the trader's order might get filled at 1.2956 instead. Market orders are used when you definitely want your order to be processed, and are willing to risk getting a slightly different price. Limit Orders (LMT) Limit orders are orders to buy or sell a contract at a specific or better price. Limit orders may or may not get filled depending upon how the market is moving, but if they do get filled it will always be at the chosen price, or at a better price if there is one available. For example, if a trader placed a limit order with a price of 1.2954, the order would only get filled at 1.2954 or better, if it got filled at all. Limit orders are used when you want to make sure that you get a suitable price, and are willing to risk not being filled at all. Stop Orders (STP) Stop orders are similar to market orders, in that they are orders to buy or sell a contract at the best available price, but they are only processed if the market reaches a specific price. For example, if the market price is 1.2567, a trader might place a buy stop order with a price of 1.2572. If the market then trades at 1.2572 or above, the trader's stop order will be processed as a market order, and will then get filled at the current best price. Stop orders are processed as market orders, so if the stop (or trigger) price is reached, the order will always get filled, but not necessarily at the price that the trader intended. Stop orders will trigger if the market trades at or past the stop price, so for a buy order, the stop price must be above the current price, and for a sell order, the stop price must be below the current price. Stop Limit Orders (STPLMT) Stop limit orders are a combination of stop orders and limit orders. Like stop orders, they are only processed if the market reaches a specific price, but they are then processed as limit orders, so they will only get filled at the chosen price, or a better price if there is one available. For example, if the current price is 1.2567, a trader might place a buy stop limit order with a price of 1.2572. If the market trades at 1.2572 or above, the stop limit order will be processed as a limit order. If the market continues to trade at 1.2572, the limit order will get filled at 1.2572 or at a better price if there is one available. Stop limit orders may or may not get filled depending upon whether or not the market reaches the chosen price, and then depending upon how the market moves. Stop limit orders will trigger if the market trades at or past the stop price, so for a buy order, the stop price must be above the current price, and for a sell order, the stop price must be below the current price. Market if Touched Orders (MIT) Market if touched orders are identical to stop orders, except that they are used when the market price has already traded past the stop price, and the trader only wants the order to be processed if the market price comes back to the stop price. For example, if the market price is 1.3010, and the trader places a buy market if touched order with a price of 1.3001, the order will only be processed if the market trades at or below 1.3001. If the order is processed, it will be processed as a market order, and will get filled at the current best price. Market if touched orders will trigger the opposite way than a stop order, so for a buy order, the trigger price must be below the current price, and for a sell order, the trigger price must be above the current price. Limit if Touched Orders (LIT) Limit if touched orders are identical to stop limit orders, except that they are used when the market price has already traded past the stop price, and the trader only wants the order to be processed if the market price comes back to the stop price. For example, if the market price is 1.3010, and the trader places a buy market if touched order with a price of 1.3001, the order will only be processed if the market trades at or below 1.3001. If the order is processed, it will be processed as a limit order. If the market continues to trade at 1.3001, the limit order will get filled at 1.3001 or at a better price is there is one available. Limit if touched orders will trigger the opposite way than a stop limit order, so for a buy order, the trigger price must be below the current price, and for a sell order, the trigger price must be above the current price
What are my options for selling stock?
A few options for selling your stock are market order (it becomes immediately executed at the current market price), limit order (it is executed at the price you set).
What are the order type in the stock market and its meaning?
There are quite a few ORDER TYPES on the stock market. The two most common orders used to open a position are the Market Order, and the Limit Order. A Market Order is one of the most common types of orders in the investment community. In a "Market Order" you are guaranteed a "FILL", but not guaranteed a price. So for example, you tell your broker to BUY100 EBAY at the MARKET. this means, buy me Ebay at the Current Price on the Floor Now. The broker goes and executes the buy at the market price. You find out what that price is when he reports back. So in essence you actually own the stock before you know what you paid. If price is a concern there is another very often used order type known as a LIMIT ORDER. A LIMIT ORDER, also known as an "OR BETTER" order is a type of buy or sell order. It is a very commonly used Order Type. A Limit Orders key feature is that you are NOT guaranteed a fill, but if filled you are guaranteed a price. For example, you might place an order to BUY IBM at "$25 or better", (You can also say Buy IBM at $25Limit, it means the same thing). You are instructing the broker to BUY you IBM at a price of $25 or less. Note that if IBM never trades 25 your order will be canceled at the end of the day*. On the Sell side, "Or better" is more. So for example, Sell IBM at $25LIMIT means get me $25 or more. So you will wind up with $25 or more IF you are filled, but if the opportunity does not occur in the market that day, the order will be canceled at the days end* and you will still have your IBM. *All orders are DAY ORDERS, meaning one day, unless otherwise specified. The most common specification is the acronym GTC (Good 'til Canceled.)
What are the different kinds of cfd trading platforms?
"CFDs can be traded on any platform that allows for stock trading, but specialized platforms do exist. The best allow for limit, stop, and/or market orders after hours, stop entry order support, CFD-specific charts and reports, and CFD-specific accounting."
What is the meaning circuit in stock market?
Circuit means....... When Market Price Goes Lower than a fix limit, than for the shake of public market is stopped for some time to take correct decision that's called circuit in market.
What does specialest mean?
There are different kind of specialists. There are specialists for doctors, and more. Basically, a specialist is a person that deals with special issues. A member of an exchange who acts as the market maker to facilitate the trading of a given stock. The specialist holds an inventory of the stock, posts the bid and ask prices, manages limit orders and executes trades. Specialists are also responsible for managing large movements by trading out of their own inventory.
What is market wide position limit?
the market wide position limit in any security (NSE - National Stock exchange) India is considered to be lower of the following two - a) 30 times the average turnover per day in the previous calendar month for the underlying security OR b) 20% of non-promoter holding in the underlying security (Free float) This limit then becomes applicable on all open positions of all FNO contracts of that underlying stock.
What is a market order?
A Market Order is one of the most common types of orders in the investment community. In a "Market Order" you are guaranteed a "FILL", but not guaranteed a price. So for example, you tell your broker to BUY100 EBAY at the MARKET. this means, buy me Ebay at the Current Price on the Floor Now. The broker goes and executes the buy at the market price. You find out what that price is when he reports back. So in essence you actually own the stock before you know what you paid. If price is a concern there is another very often used order type known as a LIMIT ORDER.
Stock Analysis And Buying Strategies?
Timing the market can be a difficult endeavor, but at the same time, the classic buy and hold strategy can be just as risky. For those that do not want to sit on their stocks for years waiting for appreciation, there are two basic ways to assess stocks. The first is fundamental analysis, where the core earnings and operational analysis of a business takes place. The second is technical analysis which relies on historical trends of stocks. There are many pre-made screeners online for this type of analysis. Once you have done your research and decided what stock you would like to purchase, your next decision will be what type of trade strategy you will employ. There are three basic types of trades, and you can use one, or any combination of the three. The first type of trade is called a market order. This type of trade is the most basic of the three, requiring the broker to purchase the stock for you at the prevailing market rate. When you place a market order, whatever price the stock is at that moment will be your purchase price. The next type of trade is called a limit order. For these types of orders, you would specify a certain price at which the broker will purchase or sell a particular stock for you. For limit orders, a trade will only be executed at the price you specify. Similar to a limit order is a stop order. Also known as stop-loss orders, these types of trades require the broker to sell a stock once it rises or falls to a level that you specify. Once that level is reached, the stop-loss becomes a market order, and the trade is executed. One disadvantage of this type of order is that if the price of a stock is falling rapidly, you may not get the stop-loss price you wanted. Depending on your trading strategy, you have a number of options, but these three types of trades are the most common. The critical first step though, is to do effective pre-purchase fundamental or technical analysis.
What does limit mean when buying stock?
It's actually "limit order." It is a direction to a stockbroker to buy or sell at a specific price, or better. If it is a buy limit order, the broker will buy for you if the stock is at the limit order price or lower, and if it is a sell limit order, the broker will sell for you if the stock is at the limit order price or higher. A buy limit order is similar to a long call, and a sell limit order is similar to a long put.
Is a divorce decree permanent?
Yes, in most cases. There are certain things that may be included in the decree that have a time limit.....Restraining orders, protective orders, etc. Yes, in most cases. There are certain things that may be included in the decree that have a time limit.....Restraining orders, protective orders, etc. yes
What is the minimum amount of money that you can invest in the stock market?
The answer is very simple: There is no minimum limit for start investing in the Indian stock market 2022. You simply need to have sufficient capital to cover the price of a stock. So, you do not need a huge amount of money to start trading in India. It is possible to buy stocks for even less than Rs 10$
