What is a Buy Stop Order?

Buy stop means that the point you want to set must be higher than the price (if you have a short order, your pending order can serve as a stop loss).

Buy Stop Loss

Right!

Buy stop means that the point you want to set must be higher than the price (if you have a short order, your pending order can serve as a stop loss).

buy stop

The popular price is to place a buy order above the current price (buy at high price).

There are translations for buy-in.

Add examples to make it more understandable:

The current price of a certain stock is 8.8 yuan. For the operator, there are two cases:

One: At the current price of 8.8, the trader is not sure about its trend, it may fall or rise, but after analysis, if the price breaks through the pressure of 9.2, it will rise all the way, so at this time the trader will buy stop stop) single

2: At the current price of 8.8, because the trader opened a short position at the 10.5 position, it is already a profitable stage at this time, but the trend is not clear when analyzed, it may fall, it may rise, and if it falls, it will continue to be profitable. But if it rises, it will gradually lose profits, so in order to ensure its profit, the trader will buy a stop loss order at 9.2. This is the best understanding.