Talk:Market if touched
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Difference from stop order
[edit]What is the difference between a MIT order and a stop order? --chrylis (talk) 06:01, 4 September 2008 (UTC)
- They're complements of each other. An MIT order is to get into a new position at an advantageous price. A stop order is to get out of an existing position if the price becomes disadvantageous. – Smyth\talk 22:48, 24 December 2008 (UTC)