What’s the different behavior of ProOrder for each of these two commands:
- Buy 1 CONCTRACT AT x STOP
- Buy 1 CONCTRACT AT y LIMIT
Thank you.
With Limit you may have a better fill but its not guaranteed.
They are pending orders (conditional ones).
You need to place STOP orders when you want to :
■ Buy higher than the current price
■ Sell lower than the current price
and LIMIT orders when:
■ Buy lower than the current price
■ Sell higher than the current price