AStop on Quote Order enables an investor to execute a trade at a specified price, or better after the quoted stock price reaches the desired stop price. It is used by investors who want to limit their downside to ensure that a stock is sold before the price falls too far. Stop on quote orders can be used to limit losses or buy stocks only Theonly thing I can think of is that you are using a Buy Stop order for entry and getting slippage. If you put your entry as a Limit Order then there is no way you are paying more than your Limit. In this example, my entry is a Buy Limit at 260.00. Alimit order allows investors to purchase or sell a stock at a specified price or better. In case of buy limit orders, the order will only get executed below or at the limit price, while for selling limit orders, the order will only get executed above or at the limit price. This stipulation allows traders to have better control over the prices A'buy limit' order is a buy order that is filled at a prespecified price or better. Buy limit orders are classified as "pending," as they rest at market below current price until executed. Upon price action reaching the buy limit's designated point, the order is then filled. Hereis a sell-stop limit order example: An investor holds shares of ABC Co., which trade at $60 each. The investor wants to set up an exit strategy and decides that $55 is an acceptable level to sell. But the investor is also worried about a sudden plunge in ABC overnight, which could result in shares trading the next day much lower than $55 Astop order is an instruction to your broker to buy or sell an asset (currency pair) at the market price once it reaches the predetermined price (the stop price). Once an asset hits the stop price, a trader's order becomes a market one and will be filled at the price that is available in the market. In case your currency pair doesn't reach dyGQI1. 137 344 179 342 265 452 128 412 486

what is buy limit and buy stop