Sell LimitDefinition
Index Sell Limit Trading Order Explained - A sell limit trading order is a order used to sell a stock indices at better price after the price has retraced up-ward from its current level.
A sell limit order is a pending order to sell after the stock market price retraces upwards within a downward stock trend.
A sell limit order is only executed when prices moves upwards and retraces to the set sell limit level.
Stock Indices Entry Limit Orders: Sell Limit Order Pending Trade Order
Index Sell Limit Trading Order Meaning - Entry sell limit order is a pending order to sell a instrument at a certain stock price that is a pull-back level where price is predicted to pull-back to before resuming the original downward trend.
Traders use sell limit pending orders to sell at a better stock market price. These types of sell limit orders are available in many online trading softwares, for our example we will be using MetaTrader 4 stock trading platform.
An entry sell limit pending order of this type can be used to sell above trading market level ( stock price retracement retracement in a downward trend trend).
Sell limit Order - When selling, your entry sell limit pending order is executed/opened when the stock market price rises to your set price. ( retraces upward )
Sell limit orders are set by traders when they expect the price to pull-back downwards after reaching this region.
- Sell Limit a pending order to sell at a level that is above the current stock market price.
Sell Limit Stock Order Example
In the exemplification explained & shown below a the sell limit order was set to sell at a level above the current stock market price. This is the level for the price retracement.
Sell Limit Order Placed to Sell above the Current Price - Sell Limit Order Definition
The price then rallied, went up to hit the pending sell entry limit order, & afterwards stock price continued to move downwards in direction of the original and initial downward trend.
Index Sell Limit Trading Order Example
When stock price hit the set sell limit order price level sell limit order changed into a sell order, this is therefore a good strategy to sell at better price after a price retracement.
Stock Index Sell Limit Trade Order Definition - Sell Limit Order Definition - Sell Limit Trading Order Example - Sell Limit Trading Order Explained.
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