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Username: Andrew Rating:  Asked to: Jacob Rogers Date Created: 24 Aug 2017 |
| Category | 17 |
| Tag | Financial |
| Question | What is a 'Buy Stop Order'? |
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Hello Andrew, A buy-stop order is an order to buy a security which is entered at a price above the current offering price, and it is triggered when the market price touches or goes through the buy-stop price. Traders using a buy-stop hope to gain if momentum gains on a particular stock. If the price exceeds the price they have set, it will automatically trigger a market order. |
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