what is the difference between a stop market order and a stop limit order. i have watched Ninja trader videos several times.
stop market order is when the price is hit then basically fill it at market price whetever teh quote is - if i put in a stop market order at 1370 and the market blows through it (i.e. fed funds) could get filled at 1365 stop limit is when the price is hit then submit limit order (at or better price) - if i put in a stop market order at 1370 and the market blows through it it won’t fill me unless it can fill me at 1370 or better (higher since selling)
does that help?
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yes,thank you
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