Entry Stop Orders definition
An order initiating an open position to sell as the market falls, or buy as the market rises. The client believes that prices will continue to move in the same direction as the previous momentum after hitting the order level.
a. Buy Entry Stop: An order to buy at a price Above the current market. b. Sell Entry Stop: An order to sell at a price Below the current market.
Related words
Entry Limit Orders ・ Entry Stop Orders ・ Economic Indicator ・ EMU ・ End of Day (Mark-to-Market) ・ Earning the Points
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