How to Use Stops and Limit Orders to Exit or Get into Trades 👍
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- Опубліковано 12 чер 2024
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Using Stops and Limit Orders. www.financial-spread-betting.c... PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! This is a video for beginners. What are Stops and Limit Orders? What are Stop Limit Orders? Which Order to Use? Stop-Loss or Stop-Limit Order?
Orders: How and When to Use Them
A limit sell order: how would we use a limit sell order? If we are in a long trade (have bought into a market and expect the market to rise) and the market is going higher we can set an automated limit sell order on the trading platform to sell our trade at a certain price to crystallize our profits.
A limit buy order would be used when we have a short position (have sold the market expecting it to go lower) and we want to lock in profit by exiting the trade at a certain 'lower' price.
We could also use a limit order to get into a position if we want to get into a position at a certain level.
Let's move over to Stops.
Stop Buy Order - price is going higher but we are short on the trade so we're losing money and we want to cap our loss. So what do we do? We could use a stop loss order in this case a stop buy - the buy will be higher than our price so we will lose money unfortunately. Of course we could also use stop buy orders to get into positions.
Stop Sell Order - if we happen to be long and the market is going lower - we are losing money and if we want to exit the trade at some point to curb our loss we can use a stop sell order.
The various Limit Orders and Stop Orders are explained in this video.
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It is quite unbelievable to think that a person is giving you all these valuable lessons on trading for free. Thanks Mark!
Maybe people who already understand this stuff will say, “yeah! Great video for beginners!” But no, it’s not. You Need to explain more clearly. It’s really all over the place.
For those having a hard time understanding stops and orders with this video please check the additional two videos Mark has produced below:
Stop Loss Market Orders vs Stop Loss Limit Orders ☂️✋
ua-cam.com/video/1CD3DM594q0/v-deo.html
A Simple Guide to Stop Loss Orders / How to Enter a Market Using a Stop 💡
ua-cam.com/video/Pwytm7d_S8U/v-deo.html
I watch dozens of other video's and came out having no clue. THIS video explained everything and broke it down to the essentials of it. Thx mate.
This is the first video I've seen with an explaination of why you might use a stop order to enter a trade. Very useful, three thumbs up.
Hard to understand... all over! I think this is valuable to an experience trader who knows all the details!
Check this other video Mark has produced, hopefully it is easier to understand; ua-cam.com/video/Pwytm7d_S8U/v-deo.html
Amazing video!! Thank you, just boosted my confidence Just realised how important and useful stop and limit orders can be!
I watched a few videos about this and this is the one that made it click. Thanks for going over it so well.
04:52 - This piece of explanation made all the difference, in making me understand this "STOP ORDER" thingie.
I watched like 5 videos before this one, and none of them clarified this importante aspect: "STOP ORDERS" are used in the inverse situation (in our perspective) of the "LIMIT ORDERS".
Now I finally understand. Thank you so much!
Graphs explains everything.
Entry at stop buy/sell
Exit at limit
I like that technique usaid for converting ashort into a long with one order , thanks👌
I finally understand what stops do thank you so much!
Even after 2 years of trading journey and with a strategy.. I still find value and have learnt from this video. Thanks for the effort you put in to making these videos Mark..
Thank you for all your videos ... you are truly altruistic and I’m sure your learning thru teaching
Too confusing. This would make sense if I already knew what it all meant.
This lesson is good regarding the fundamentals of program trading. One can create his own bots for the day and short-term trading without being glued to his screens.
This is the first video which help me to understand those Limits and Stops orders...Thank you so much 🙏😊
i see some comments about how this video is confusing. Actually its not. It is detailed and allows me to understand better. There are youtubers who made it too simple and i ended up with more questions in my head after that cuz it is not really supposed to be that simple.
Dude , You are usually a the man , but this time you made something that is fairly simple sound like chaotic process
He explained really well but people who are new may not understand as he is using jargon (long/short/position). But if you have bit of knowledge, then its a great video that covers all scenarios. Great work.
Finally a complete and logical explanation .
I had to watch it multiple times. Not because it was hard to understand but because if you look this handsome😍 it is certainly hard to focus 😁
I had to review this several times due to the speed of your delivery. The info was not linear enough form e to grasp. I'm new.
Check this other video Mark has produced, hopefully it is easier to understand; ua-cam.com/video/Pwytm7d_S8U/v-deo.html
finally a video that cleared it, thanks!
Very informative!! But in case of high volatility if i want to purchase securities after it hits strike price which is higher than current price. What order type should i consider stop buy or marketable limit order ??
Perhaps a stop buy marketable limit order is the type you are looking for? This is my take on it; For a long position, the stop buy will get you into the position at your price, and no lower. But where on the L2 ladder do you want to buy? At bid the price is better, but maybe you won't get filled. Ask is an easier fill, and that's market price, right? And how much are you willing to pay above your ideal entry price? That would be your limit. Example; I predict a breakout if price can get past $10.00, so i place a BUY STOP order at $10.01 . I won't get filled until price reaches $10.01. Getting my order filled is important to me, so I'll buy at the ask. MARKETABLE. I'm willing to pay as much as $10.05 and my RR is still good. LIMIT. Stop buy marketable limit order. I'd be interested to hear your thoughts on this.
Thanks Great explanation
Great video thank you! I have a question about limit orders. If I own a long position and I see the stock is having an up day and I want to sell if it reaches a certain price that is higher than the current price to take the profits... a limit order to sell at a higher price than current would initiate an immediate sell. With a limit sell at a higher price, the sale is initiated at the current price or better if below the limit order price. Is that correct?
A limit sell order above the market (above the current price) will execute at that price when/if the market gets there. If it gaps above overnight you'll get filled at the first traded price above your limit.
A limit sell order below the market will be triggered at the current price or next print above your limit order, and your fill will be at that price (an improvement over your limit sell below the market).
So, great vid but.. I wanted to set a stop limit to sell a stock I have in case it falls below a certain amount and was going good, thought I knew what to do after I watched this vid, but when I selected stop limit it has 2 boxes I an enter amounts in. Trigger price and limit price.. what's the difference, what is this trigger business and which one should I use to prevent my stock from going below a certain price.. thanks.
Hey at what percentage of my target price should I put my limit sell order? Is 1% below the target price a safe price to place my limit sell order? I'm using Robinhood but does Robinhood always execute or should I be worried that my sell doesn't go through? Thanks for the content.
Very new to trading. However have been savagely trying to learn by reading and watching more minutes of youtube informal videos than there are minutes in a day lol. Maybe overloading a bit potentially. Anyways i think i followed you but just to be sure can you please answer a question i have? Kind of a 2 part question actually. Basically in one portion of the video you talked about using a stop sell if the market didnt do as you expected and your losing money as the market is going down so you used a stop sell in order to get out of the trade and minimize your losses. Part 1 Can you also basically use this technique or would this be considered kind of the same thing as a stop loss. Like if i got into a trade at say $20. And the price has gone up to say $100. Can you put in a stop sell at say $90. That way you ensure you will take a profit if the market turns and starts to move down? Part 2 could i later change my stop sell? Like if the market continues to rise and goes up to $160 could i then change my stop sell from $90 and bump it up to $150?
Also thank you very much for taking the time to make these videos and especially if you take the time to read comments and answer questions. Ppl like yourself have knowledge that is extremely valuable so for you to take the time to help out people just getting into the market is really beneficial and im sure i can speak for most when i say that we cannot thank you enough.
Great video! What happen if you put a stop sell at 60$, but the market crash really quickly and it goes down to 50$ without finding buying at 60$ ? Thanks ! keep going with the hard work!
Good question - if it gaps through that level, you will be filled at the next available price which could be 50. The gap could be overnight or it could be in an illiquid stock
I’m a newbie. Been looking at fx for months now. I actually understood all of that. Thanks. At some point could you cover different brokers.STP or trading desk, I find this confusing. Thanks
I am new to trading.... Let me run a scenario by you.... Let's say I bought 100 shares of XYZ stock (not a real stock) at $5 a share and I want to later sell them... Which would I use. I would like to have a baseline to be sold at $15 a share (Will not accept anything LOWER than $15) and $20+ a share when it picks up momentum... Do I use choice A) Sell XYZ with a stop-limit order Stop: $15 and Limit: $20 Good till cancelled or B) Sell XYZ with a stop-limit order Stop: $20 and Limit: $15 Good till cancelled? Thanks.
bit confusing at first because it was fast but i got it now. never knew they could be used as a dual function. But the second ways that you were using the buy/sell stops, wouldn't that just be a stop loss?
I wish there where more tutorials showing how to do this in the terminal itself. I cant get this to work in the demo.
Ok so the stop buy means that if it appreciates to the point of the stop buy you will buy the asset to limit the losses on the short you placed?
If I wanted to down cost average, would I use stop buy orders?
Thank you. Is it possible you always demo using real charts?
But... setting a buy stop at a higher price because I want to enter if the range breaks out, but it's a market order? So what do I use if I want the same scenario but want to be filled at the exact price? I tired entering a buy limit on a platform at a higher than current price, and it just filled me instantly - super annoying! Why? Why not at the price I set?
Great video, thanks!
Great video!!
Thanks Bud
the best video ever
If for eg The market is trending upwards and I have placed several buys orders in (no limits or stops). Will a pending order buy limit, limit all the buy orders? Also does a pending order buy stop, stop all buy orders in at a point?
If the market is trending up and you want to buy as it moves to say new highs, you will use a BUY STOP order. If the market was up trending but you were looking to buy on a pullback lower, you'd use a BUY LIMIT order which would only be filled if the market moved back to your price. - Mark
you were really going well until "stop buy" and "stop sell" ! what's the difference between stop and limit? seemed to me that both served the same purpose
Great content... thanks
If a stock is going long and I want to sell it when it gets to 30. A "Sell Limit" will sell at 30 and a "Sell Stop" will do what at 30?
Please help me with this one .... I have 10k shares of a company @20. There is an upward rally which is gone up all the way to @27 per share but I do not know when the price will come down. If I put a limit order to Sell 10k shares @ 22 Will it sell only when the price drops down and reaches @22 Or will it keep on selling for me my 10k shares @ 27or below OR a second Scenario, let us Suppose when I Placed the sell Limit order @ 22 if the stock goes Higher Let us say now from 27 to 30, will my 10k stocks sell at all difference below 30 to 22 Limit ? Will I be SAFE here if I am not sure ??
Great video man!
Awesome
Damn he looks like a boss in the blue jacket.
thanks!
OK this is a good basic intro, but how do you place a buy stop on a stock that you know will blast off the next day? Sometimes they will blow thru your buy stop, and you lose your opportunity.
Do you guys have a video on how to trail and widen (at what percentage) stop losses on a long position that’s doing very well?
Please check some of the material here: ua-cam.com/users/ukspreadbettingsearch?query=how+to+use+trailing+stops
Okay, thank you.
quality content
Can someone explain the advanced trick he mentioned at 4:06 ? I didn't get it...
Does this apply to forex as well? Seems a bit different.
whats the difference between Stop Buy vs Stop Limit Buy?
Nice haircut!
You talk really fast Imma watch this video as many times as it takes though
Stops are great for moves against your position to limit your loss. But nothing will stop the loss that occurs on opening bell with a huge gap up or down. A stop is a market order and will be filled with what the market will pay. I have lost 100% on a position because of a large gap on the opening bell against my position. Nothing you can do will protect you against that.
Great presentation. Kindly try to be a little bit slower. Your accent + speed makes the presentation a little hard to understand. 🥂
so caught up in his accent that i got confused.
i know sl n tp
buy limit n sell limit .
Explained very THOROUGHLY. Good job mate!
What should be my take profit percentage and my stop loss percentage if I want to make long term investment for five years?
I'm still fairly new to this but my advice would be to look at the percentage growth over the 5 previous yearsof the company you're wanting to buy stock in and base your percentage off that data.
it doesn't work after or before the market opens
I heard his accent before I played the video
I´ve been doing very well regarding learning about the market and how to swing/day trade bitcoins and so on... but stop price and limit price, I already tried in english, portuguese, italian, spanish and french... no way, I cannot understand this shit at all!!!
Too complicated for me at moment, I will watch some more simply videos and come back here later
is that John Krasinsky?
If you place a limit or stop order and it ends up being in a gap. Do they still get triggered? And do stop losses get triggered?
Hi Roger - depends on the situation. (I'll do a video on this) but if you have a stop market order and the price gaps through it will still be triggered but at the next available price. eg: Buy stop on your short trade at 100 - market opens and gaps up to 103. You'll get filled at 103.
If you have a buy limit set at 100 and the market gaps up to 103 - you won't get filled as the limit specifies the maximum price you are willing to pay.
If however that was a sell limit at 100 and the market gapped to 103, you'd be filled at 103 as that is a better price than 100 on your sell order.
Hope that makes sense, but watch out for a video.
thanks,
Mark
Y is this so confusing to me, I can’t wrap my head around the point of a stop limit order... if it doesn’t try to sell until the stop price is reached before it initiates the limit order, y not just put a limit order instead.... wat am I missing here.... am I just that dumb that my brain is telling me “No, no learning, u must be confused!”
Recommend me a good regulated broker
See www.financial-spread-betting.com/spreadbetting/compare-spreads.html
unfortuntely no body in you tube can explain these order types correctly
It seems like this is an explanation for someone who already knows what is going on.
Check this other video Mark has produced, hopefully it is easier to understand; ua-cam.com/video/Pwytm7d_S8U/v-deo.html
shorting is too advanced for people looking up order types
asesome
The shorting thing defund isn’t a beginner trading video. Way to confusing for a new trader to learn limit buys and sells.
Explaining trading terms with the same trading terms is not helping at all. You should use analogy extensively. You have nice whiteboard to do just that, instead of just retracing what's already been there. Thank you for the effort.
Why you are so amazing ?
Arg
Its a good video and I appreciate it... however you do use a lot of terms (ie Short sales, etc.) which new traders will become lost with. Thank you tho.
It explains that you take your gain and avoid loss but that's about it. Doesnt explain how to do it.
Your explanation seems to apply to only options trade. I wasn't satisfied
Whaaaaaaat?
Am dum still dont get it. I need to sleep tomorrow i will get it.
Check this other video Mark has produced, hopefully it is easier to understand; ua-cam.com/video/Pwytm7d_S8U/v-deo.html
Too confusing. Should not have mentioned short sells in this
You lost me with in minutes into your talk. Talking way to fast. How to Use Stops and Limit Orders to Exit or Get into Trade. This was the topic, I didn't get it.
Too many shorts and longs and sell abs buys etc… use one word for the same thing
What I hate about these videos is the complexity of the different scenarios. Just explain one technique for 3-5 minutes. Even if you repeat yourself
Check this other video Mark has produced, hopefully it is easier to understand; ua-cam.com/video/Pwytm7d_S8U/v-deo.html
I got more confused by your explanation... STOP TALKING ORDER!!!
Your language is way too technical for me
Check this other video Mark has produced, hopefully it is easier to understand; ua-cam.com/video/Pwytm7d_S8U/v-deo.html
Too much jargon for me (as a beginner). No explanation of short, long, position etc. Not a beginners video as advertised
If youre trying to explain something,whats the point in speaking so damn fast
To Hauling: Digest the basic points and discard the fillers.
Hauling Tampa Junk Removal He’s a great speaker, you should probably improve your english mate:)
Sorry, this is a native UK speaker. You can reduce the speed in the 'Speed' settings of the video.
Check this other video Mark has produced, hopefully it is easier to understand; ua-cam.com/video/Pwytm7d_S8U/v-deo.html
This video isn't for beginners 🤯🤣
ffs not one video in youtube to make it clear how to put effin stop loss and take profit.. ffs, is it really that hard, i can't phantom the complexity, .. why use such words, just TAKE PROFIT and STOP LOSS to limit your loses.. stop buy limits, limit stop buy order ffs..
You too fast when you talk, find another teaching technique.
Talking so fast and your accent is totally not understandable.. sorry
This is a British speaker. You can slow down the videos 'talk speed' using the UA-cam speed settings on the video.
He doesnt even have a strong accent. If you dont understand you need to expand your vocabulary. Im from the U.S.
Check this other video Mark has produced, hopefully it is easier to understand; ua-cam.com/video/Pwytm7d_S8U/v-deo.html