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/biz/ - Business & Finance

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>> No.12596202 [View]
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12596202

Fuck this app for not explaining things and FUCK investor sites that don’t explain this well enough
Stupid question but can someone please help me understand Stop limit and stop loss so I don’t lose 2 grand tomorrow in a slaughter house I’m looking to dump GE if it breaks the first resistance of 8.66 so I used 8.50 as my stop price, if it hits that then if it hits the limit of 8.90 it should sell at 8.90 right? Or does it have to hit 8.90 twice?
The reason I say 2 grand is because I’m trying to do this with all my shares now

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