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)[reply]

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)[reply]