Page 285 - THE MARKET WHISPERER

THE MARKET WHISPERER 28 1

Here is an example of a complex stop order for buying 1000 SanDisk
shares, SNDK:

The order will be executed if SanDisk reaches $41.01 (stop) but at
no more than $41.04 (limit). If the stock reaches the trigger price and is

bought, then two further conditional orders go into action: it will be sold if
it reaches the profit target of $42.28, or if it reaches the stop loss of $39.80.

Note that both these actions are set at “market.”