Return to the menu “various types of commands”
The command with beach of release |
A threshold value as well as a limiting value is required.
This command is in fact a command with trigger point combined with a command with limited exchange rate.
The threshold corresponds to the value to which the share must dimension to launch the command to limited exchange rate.
Example, for a share with 10 euros you want to protect yourselves from a fall while placing a command with beach of release with like threshold 9,50 euros, but you do not want to sell under 9,10 euros, therefore you place the value of the exchange rate limited to 9,10 euros.
If the stock price does not take down your sale order will be carried out to 9,50. Now if the exchange rate takes down and that it is above your limit of 9,10 it will be carried out at the price of the best offer and if the exchange rate is under the limit the command waits until the exchange rate goes up above your limit or will not be carried out.
The disadvantage is easily locatable, this stop order which is made to protect you from a strong fall will not be used to you for nothing if the share takes down under your limited exchange rate.