Stop Order vs Stop-Limit Order: How Each Fills
A stop order becomes a market order and fills at any price. A stop-limit becomes a limit order and can miss the exit entirely. Five years of gap data show it.
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A stop order becomes a market order and fills at any price. A stop-limit becomes a limit order and can miss the exit entirely. Five years of gap data show it.
A market order fills now at the best available price; a limit order caps your price but may not fill. Real quote data shows what each choice costs in dollars.
VWAP stands for volume-weighted average price. Definition: price times volume divided by total volume, reset daily. What it means on a real trading day.