Hi guys!
I know how the buy limit, the buy stop, the sell limit and the sell stop works. But, I still don’t understand how the buy stop limit and the sell stop limit works. I already watched several videos about this and I already read several texts and I continue don’t understand…
Seems that the ideia of limit and of stop changes in this new type of orders (new in MT5). The name (limit and stop) is the same, but the effect seems be other…
So, someone can explain me better??
By the way: What the term “stop” and “limit” mean in trading? These words are concepts very definied or not? I already saw a broker of bitcoins using these name how synonyms of “take profit” and “stop loss”. What leave me more confused yet!
Look…
The name of the broker is MAGNR
Thanks,