Is there a way to create a limit order with both an upper and lower limit
Can you have two limit order at the same time?
Yes, as far as the market is concerned, you can submit a limit order to sell at a good price and stop-loss to sell the same asset at a bad price. I have done things like this in a professional context with no problem. The only limitation you might have is whether the broker you are using permits this behavior.
What are the 3 types of limit orders?
Limit Orders
- Buy Limit: an order to purchase a security at or below a specified price. …
- Sell Limit: an order to sell a security at or above a specified price. …
- Buy Stop: an order to buy a security at a price above the current market bid. …
- Sell Stop: an order to sell a security at a price below the current market ask.
Can Limit orders be partially filled?
Risk of partial fills – Limit orders also risk a “partial fill,” an execution of some of the shares in an order, but not all of them, which leaves the unfilled shares as an open order. While many brokerage firms offer commission-free trading, this is an important point for those trades that do carry commissions.
Can you place two sell orders on the same stock?
Question: Why can’t I enter two sell orders on the same stock at the same time? The short answer is, most brokers will disallow this to make sure that you don’t double-sell the shares, minimizing both your risk and theirs.
Can I place a target and stop loss orders simultaneously?
Can I place a target and stop-loss order simultaneously for my open Futures position? Yes, you can, if you have positive cash balance. It is possible to place 2 orders of the opposite transaction type (buy/sell) in the same instrument, even if you don’t have the required margin for the 2nd order.
What is a OCO order?
What is a One-Cancels-the-Other Order (OCO) A one-cancels-the-other (OCO) order is a pair of conditional orders stipulating that if one order executes, then the other order is automatically canceled. An OCO order often combines a stop order with a limit order on an automated trading platform.
Can you set a limit order higher than market price?
Limit Order to Sell: A trader or investor that already owns shares may place a limit order to sell at a price higher than the current market price. These are also known as take-profit orders (T/P) since the trader or investor is locking in profits.
What is the best order type when buying stock?
Market orders
Market orders are optimal when the primary goal is to execute the trade immediately. A market order is generally appropriate when you think a stock is priced right, when you are sure you want a fill on your order, or when you want an immediate execution.
Is it better to buy market or limit?
Limit orders set the maximum or minimum price at which you are willing to complete the transaction, whether it be a buy or sell. Market orders offer a greater likelihood that an order will go through, but there are no guarantees, as orders are subject to availability.
Can you put a buy and sell order at the same time?
There are no restrictions on placing multiple buy orders to buy the same stock more than once in a day, and you can place multiple sell orders to sell the same stock in a single day. The FINRA restrictions only apply to buying and selling the same stock within the designated five-trading-day period.
Can you set a stop-loss and limit sell at the same time on Fidelity?
Placing a one-cancels-the-other order, or what is also commonly referred to as a bracket order, allows you to have both a limit order and a stop order open at the same time. This allows you to lock in your potential profits and limit your losses all with one order.
Can we buy and sell simultaneously?
I am trading with 4 brokers (zerodha, sharekhan, RKSV, SBIcap sec) none of them allow simultaneous holding of buy and sell positions of same scrip with same quantity. It is possible only when you trade one leg in intraday and another leg in delivery based (Only for buy orders).
How do you do stop loss and target at the same time?
Quote:
Quote: Always use market or market order ms immediately will sell off keep your limit 0.3 calculate 0.3 and keep it above for keeping stop losses use these two orders you see these two orders.
How do you place SL and target at the same time?
how to do that? go open position, then select exit, fill the target. again go to open position, elect exit, then select the SL & fill the trigger.
What is the difference between stop loss and trailing stop?
Stop Loss vs Trailing Stop Limit
The major difference between the stop loss and trailing stop is that the latter is dragged upward by the trail amount as the position’s price rises.
What is the 1% rule in trading?
Key Takeaways
The 1% rule for day traders limits the risk on any given trade to no more than 1% of a trader’s total account value. Traders can risk 1% of their account by trading either large positions with tight stop-losses or small positions with stop-losses placed far away from the entry price.
Can market makers see stop loss orders?
Market Makers Can See Your Stop-Loss Orders
Most newbies place stops that are visible to market makers. So market makers move the stock to the stop-loss levels and take them out. Especially during low volume trading in the middle of the day.
What is a good percentage for a trailing stop?
between 15% and 25%
The best trailing stop percentage sits between 15% and 25%. This range consistently shows the best retrurn-to-risk while maintaining a reasonable profit per trade and win rate. Based on this analysis, a trailing stop between 15% to 25% would produce the most stable equity curve growth.
What is a disadvantage of a trailing stop loss?
Disadvantages of Trailing Stop Loss
Most of the time (even if you use a trailing stop loss), you’ll not ride a trend. Also, it’s common to watch your winners turn into losers — as the price moves in your favor and then hit your trailing stop loss. This causes many traders to give up and they’ll claim “it doesn’t work”.
What is the best stop loss?
Which Stop Loss Order Is Best for Your Strategy?
- #1 Market Orders. A tried-and-true way of entering or exiting a position immediately, the market order is the most traditional of all stop losses. …
- #2 Stop Limits. …
- #3 Stop Markets. …
- #4 Trailing Stops. …
- Know Your Stops.
Does Stop Loss work on range break?
The Range Break-out strategy uses a target and a stop loss. These orders are placed automatically if the TradeGuard is activated. The stop loss is placed on the opposite side of the range. If, for example, the trader is long after a buy signal, the stop is placed on the bottom of the range.
How many pips is a good take profit?
In general, the best ratio is 1:3, so the profit should be 3 times bigger than the loss. For example, if your Stop Loss equals 50 pips, the Take Profit should be 150 pips. In some cases, other Risk/Reward ratios are possible.
How many pips is a good stop loss?
on the 5 minute charts something like 20-30 pips should do well. Relax and be happy. on the 5 minute charts something like 20-30 pips should do well.