Buy Stop Order

What does it Mean? An order to buy a security which is entered at a price above the current offering price. It is triggered when the market price touches or goes through the buy stop price.
Investopedia Says... People using a buy stop hope to gain if momentum gains on a particular stock. If the price exceeds the price you have set, it will automatically trigger a market order.

Terms Related Links

Buy Stops Above
Conditional Order
Market If Touched - MIT
Market Order
Protective Stop
Stop Order
Stop-Limit Order
Stop-Loss Order
Stopped Out

Terms Related Links
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How does a stop-loss order work?

What's the difference between a stop and a limit order?

Can a stop-loss order be used to protect a short sale transaction?

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