image de profil
Stop loss not limit (is buy)
1
image de profil
@Smudeo No, it was a stop limit order. Ask Mr. Google what the difference between stop limit and stop loss is and you can learn something today 😉
1
image de profil
@DividendenAlpaka
A stop-loss order is a sell order that an investor places in order to limit losses on a securities trade. It is activated when the price of a security reaches or falls below a certain predetermined lower limit (the stop price). From this point, the order is automatically triggered and sold at the next tradable price. The aim is to limit losses or secure profits already made.

There are things that didn't used to exist:

A stop-limit order is a combined stock market order in which both a stop price and a limit price are set. It only becomes active when the market reaches the defined stop price and is then only executed at the desired limit price or better
2
image de profil
@Smudeo The stop limit actually only has an advantage if the share falls very sharply. It gives you additional security that the share will not be sold far too low after the stop is triggered.
But yes, I agree that this certainly didn't exist in the past. This type of order is probably not offered by all brokers either.
1
image de profil
@DividendenAlpaka Certainly additional costs, with Wirecard my stop loss was better than limit. But my Funkwerk $FEW, which is now to be delisted, I could set my sell limit to stop loss limit
1