What is the difference between 'limit' and 'stop' on etrade trading?

Question

What is the difference between 'limit' and 'stop' on etrade trading?

Answer 1

A limt order is instructions to buy/sell at a preset price

A stop order is entered at a price that is away from the current market.  Stop orders can be simple "stop" orders or the can be entered as "stop limit" orders.

All order entery is the same regardless of what US brokerage firm you are using or how the order in enter, whether it be in-house or on-line,

If you are trading/investing with E-Trade, or any other brokerage firm,  it would be in your best interest to learn what you are doing before you do it.

Answer 2

Same as it is anywhere else.  A limit buy order buys at/below set limit.  Limit sell, sells at/above set limit.

Stop sell, becomes market sell (any price) if price drops below stop.  Stop limit sell, becomes limit sell if price drops below stop.

Limit orders may not fill if price is not within set limit.