Trading Basics

Buy Stop

An order type where the trader wishes to go long above the current market price.

A confirmation from a broker that a trade has been placed.

In options trading when the underlying price of the security is close to the strike price of the option.

Orders that instruct a broker to another action if filled. The typical action is to place a stop or limit order on the trade.

Learn the skills needed to trade the markets on our Trading for Beginners course.