Buy Stop Order
Wealthbase Operations avatar
Written by Wealthbase Operations
Updated over a week ago

A buy stop order is an order type that becomes a market order to buy when the stock price has traded at or above your stop price. 

Ex. A stock is trading at $15. A stop order can be placed at $16 to trigger a market buy order when a trade executes at $16 or higher.

Did this answer your question?