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Re:u/DeepFuckingValue and the GameStop Reddit mania by vanattab on Friday January 29, 2021 @06:06PM (#25964010)
Limit sell orders with this kind of volatility is not as safe as you might think. Just because you set a sell limit does not mean your trades will execute at that price.
Re:u/DeepFuckingValue and the GameStop Reddit mania by jaycroft on Friday January 29, 2021 @07:09PM (#25964580)
A limit sell order guarantees the limit price or better. A Stop Loss triggers a market order (at any price available) once crossed to the downside.
Re:u/DeepFuckingValue and the GameStop Reddit mania by delaaxe on Sunday January 31, 2021 @05:47PM (#25983376)
Yes it does mean that, by definition