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I have learnt the hard way that there is an option to set a:NOT LESS THAN LIMIT:"If your order is triggered and the market price moves beyond your limit price then the order will not be placed. This is also the maximum / minimum you are prepared to receive for the stock."If my understanding is right this wouldn't have triggered my sell order if I was to place this figure just below my stop limit...I would never have sold at that rate and in fact the stock that I was on actually gathered all it's lost ground at one point today...This whole move sent me into a frenzy and led to MORE stupid purchases and decisions...Learnt some VERY solid lessons today!
I have learnt the hard way that there is an option to set a:
NOT LESS THAN LIMIT:
"If your order is triggered and the market price moves beyond your limit price then the order will not be placed. This is also the maximum / minimum you are prepared to receive for the stock."
If my understanding is right this wouldn't have triggered my sell order if I was to place this figure just below my stop limit...
I would never have sold at that rate and in fact the stock that I was on actually gathered all it's lost ground at one point today...
This whole move sent me into a frenzy and led to MORE stupid purchases and decisions...
Learnt some VERY solid lessons today!
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