Buy Order Definition Info

Sets a maximum price; the trade only happens if the price hits that target or lower.

Once a match is found, the trade is "filled" and the asset is added to your portfolio. buy order definition

A two-step order that triggers a limit order once a stop price is hit. 🔄 How the Process Works Sets a maximum price; the trade only happens

Becomes a market order only once a specific "stop price" is reached. Sets a maximum price

You enter the order details into your trading app.

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The order is sent to an exchange (like the NYSE) to find a seller.