Basic Concepts

Discussion in 'Learn how to trade or invest by asking questions' started by levalencia, Dec 1, 2009.

  1. levalencia

    levalencia New Member

    Hello, excuse me for these stupid cuestions, I have read for more than 2 weeks about trading and I have created an account at marketwatch for their simulator.

    When I click on trade if I want to buy i have 3 options, MARKET, LIMIT and STOP what does it mean?

    the same for selling

    Thank you
     
  2. RedStripe

    RedStripe Active Member won weekly contest 4x won july/10 simulator won oct/09 simulator

    Market executes immediately at Current Market price.

    Limit executes at the price you set.

    Stop executes as a market order if the stock hits of goes under your stop price thats the basic answer.

    www.Investopedia.com is a great place to learn more terminology.
     
  3. doublereed

    doublereed Active Member won weekly contest 4x penny contest winner won feb/10 simulator won apr/10 simulator

    Keep in mind that on simulators the trades don't always happen in real-time.
     

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