Playing & Trading Strategy

Can someone explain how a "limit order" works and how to correctly post a limit order. SRVE Apr 01, 09:08

Limit orders only work if you are making a profit.. NOT to prevent losses... Flash Apr 01, 10:01

I tried this too and found out the hard way. lol {nm} winstonman78 Apr 01, 10:10

Additionally...here's how you would set a limit order.... Flash Apr 01, 10:10

Great explaination... SRVE Apr 01, 10:34

You're welcome. Flash Apr 02, 08:23

Another example jane_citizen Apr 01, 16:41

Im confused about your first example jane_citizen winstonman78 Apr 02, 10:04

It wouldn't short it, you would have to later manually sell and then short the stock. DTravel Apr 02, 11:31

sorry! I meant you would set a limit order to short at $15, not to buy jane_citizen Apr 02, 18:03

If this works, I will have learned something. Keep posting, we'll query you if we're confused. Thx {nm} PVL Admin Apr 02, 18:31

yeah, probably test any of my limit order theories with single shares jane_citizen Apr 03, 14:54

Good suggestion. I'll do that. {nm} PVL Admin Apr 03, 22:34