Forums › ProRealTime English forum › ProOrder support › Close stop or Close limit › Reply To: Close stop or Close limit
06/26/2018 at 6:49 PM
#74453
Use LIMIT when your entry price is more favorable, i.e. you want either to buy at a lower price or sell at a higher one.
Use STOP when your entry price is less favorable, i.e. you want to either buy at a higher price or sell at a lower one.
Use IF to compare prices and place the correct pending order.