Sell Limit Indices Order Meaning Explained and Examples
A sell limit order is an order to sell indices at a better stock indices price after stock indices price has retraced upward from its current area.
A sell limit order is an order to sell after the stock indices trading market retraces upward within a downwards trend.
A sell limit is only executed when the stock indices trading prices moves upwards & retraces to the set sell limit area.
Entry Limit Stock Indices Orders: Sell Entry Limit
Sell Limit Indices Order definition - Entry sell limit is an order to sell indices at a certain stock indices price which is a retracement level where stock indices price is predicted to pull-back to before resuming the original Indices trend.
Traders use sell limit orders to sell at better market price. These types of sell limit orders are available in most of trading softwares, for our example we will be using MT4 stock indices trading software.
An entry sell limit pending order of this type can be used to sell above stock indices trading market level (retracement pullback in a down indices trend Indices Trading market).
Sell limit - When selling, your entry sell limit is executed when stock indices trading market rises to your set indices price. (retraces up)
Entry orders are placed by indices traders when they expect stock indices trading price to pull-back downward after reaching this area.
- Entry Sell Limit Indices Ordersell at a level above the current market level.
Sell Limit Indices Order
In the stock indices trading example explained and illustrated below a the sell limit order was placed to sell at a indices price above the current market indices price. This is the level for the stock indices price retracement.
Sell Limit Indices Order Placed to Sell above the Current Market Indices Price - What's Sell Limit Indices Order?
The indices price then rallied, went up to hit sell entry limit, and afterwards stock indices price continued to move downward in direction of the original Indices downward trend.
Order now Changes to a Sell order - Sell Limit Indices Order Definition and Examples
When stock indices price got to the set sell limit order level the sell limit pending order changed in to a sell order, this is therefore a good method to sell at a better stock indices price after a retracement move.
