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What is a stop and reverse order? http://www.financial-spread-betting.com/course/stop-order-types.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! We know what is a normal stop order and what a limit order is. But what is a stop and reverse order and what are the pros and cons of using such an order?
Guide to Using Stop and Reverse Orders
This is a stop that is reversing your position as well. If you’re long a 1000 shares and you get stopped out (it closes your long) and then it sells another 1000 shares into the market to get you into a short position. The idea being that if it breaches a certain level you’d like to go short as well as closing your long.
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- 34eToro is the world’s leading social trading platform it’s a fantastic trading platform for novices and experts alike. The 'Copy Trader' feature is a game changer and the ease of accessing the Crypto currencies will make it an obvious choice for many. START TRADING WITH eToro NOWWhat are 'Orders' in…