Latest / How Canadian Markets Work
Order Types Explained: Can a Stop-Loss Sell You Out? | Canadian Investing
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode!
Episode Summary
This episode untangles the mechanics and trade-offs of market, limit, stop-loss, and stop-limit orders. While a market order guarantees execution at the expense of price certainty, a limit order guarantees your price but carries no guarantee of execution. We expose the dangerous misconception that a stop-loss acts as a guaranteed price floor. In reality, a stop-loss is merely a trigger that converts into a market order once touched, exposing investors to severe slippage and…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.