Once a stock' s price trades at below the price you have specified it becomes a Market Order to sell. Forex sell stop order example.
You could have simply placed a sell stop entry order below the lows of two recent price action sell signals on the daily spot Gold chart then literally walked away . For example, imagine you purchase shares at. Mar 12 · This order type can be used to activate a limit order to buy sell a security once a specific stop price has been met. A Sell Stop Order is an order to sell a stock at a price below the current market price.