Order Types
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You can combine orders to implement a trading strategy that limits your downside while retaining significant upside potential. For example, you could combine a Limit Order to sell at a price higher than your purchase price, together with a Stop Order to sell that protects against a price fall. One of the virtues of this type of strategy is that it requires minimal monitoring of market movements and is triggered automatically.
The information contained in this case study is believed to be correct but cannot be guaranteed. Investors should be aware that the value of investments and the income derived from them can fall as well as rise, and past performance is not necessarily a guide to future performance. The information contained in this case study does not constitute a personal recommendation to deal in any particular shares. You should consult a personal advisor to discuss the suitability to your personal circumstances and investment objectives.