android:android_stop_market_order

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Stop Market

Stop orders are submitted on the opposite side of the market than normal Limit orders. A buy stop order is submitted at a price higher than the current best bid but does not fill until that price trades. A sell stop order is submitted at a price lower than the current best offer price.

Stops are useful as loss limits as you can use them to close out a position automatically if the market goes against you.

Setting a Quantity

Enabling your Order Type

Submitting a Buy Stop

Submitting a Sell Stop

Buy Stop Tap in the Bid column above the current market. Once submitted you can long-press hold the order in the MYB column, drag and drop to revise the order.

Sell Stop Tap in the Offer column below the current market. Once submitted you can long-press hold the order in the MYO column, drag and drop to revise the order.

  • Set a volume greater than zero. You can do this by taping the volume box to bring up the number picker.
  • Set the Stop Market order toggle. By tapping the order tool bar and then tap on the S, and then the S changes from black to orange. This means the next order submitted will be a stop market order.
  • Buy Stop Tap in the Bid column above the current market. Once submitted you can long-press hold the order in the MYB column, drag and drop to revise the order.
  • Sell Stop Tap in the Offer column below the current market. Once submitted you can long-press hold the order in the MYO column, drag and drop to revise the order.
  • android/android_stop_market_order.1626722788.txt.gz
  • Last modified: 2023/09/21 19:55
  • (external edit)