STOPLIMIT ORDER in Thinkorswim

V

vivaskyliska

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Hi Everybody,


Based my buy order shown on the snapscreen above:
Say the current price for stock HMY is $2.2.
If HMY rises to $2.3, my buy stoplimit order will be triggered into trade and the price that i might be buying in is ranging from $2.3 to $2.4 (depending the availability of the stock at that price).
In other words, the highest price that i will be buying in is $2.4
Is my understanding correct? Please correct me if I am wrong.


On the other hand, does anyone know what are STD, BID and MARK under Order as shown at the snapscreen below? What are the differences between them?
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Many Thanks.
 
I think you got it right. As for STD I believe means standard, Bid is the Bid Amount being equal to the Stop, Mark is the amount between the Bid and Asked prices and would trigger your Stop when the Mark amount is equal to your Stop.
 
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