difference between buy/sell order types of
-
market
-
limit
-
SL
-
SL-M
what exactly is there relation with trigger price ?
difference between buy/sell order types of
market
limit
SL
SL-M
what exactly is there relation with trigger price ?
market order is when when you intend to buy at market available prices instead of a very specific price
‘Limit’ order is when you are very particular about the price you want pay for a stock.
stop loss order protects you from an adverse movement in the market after initiating a position.
SL-M is the stoploss order which got executed at market price
You can read in detail http://zerodha.com/varsity/chapter/the-trading-terminal/