What is the activation price for stop limit orders on TD Ameritrade?

3 answers

• Dec 26, 2021 · 3 years ago
  The activation price for stop limit orders on TD Ameritrade is the price at which the order is triggered and becomes active. When the market price reaches or surpasses the activation price, the stop limit order is activated and becomes a limit order. This means that the order will only be executed at the specified limit price or better. The activation price is important because it helps investors control the execution price of their orders and protect against unfavorable price movements.
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• Dec 26, 2021 · 3 years ago
  The activation price for stop limit orders on TD Ameritrade is the price level at which the order is triggered. It acts as a trigger point for the order to become active and start executing. Once the market price reaches or surpasses the activation price, the stop limit order is activated and becomes a limit order. This allows investors to set a specific price at which they want to buy or sell, providing more control over their trades.
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• Dec 26, 2021 · 3 years ago
  When it comes to stop limit orders on TD Ameritrade, the activation price is the key factor that determines when the order becomes active. It is the price level that triggers the order and converts it into a limit order. This activation price is set by the investor and is usually based on their desired entry or exit point. By setting an activation price, investors can ensure that their order is only executed when the market reaches a specific price level, helping them manage their risk and potentially improve their trading results.
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