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Showing posts with the label Order Types

Partial Fill Calculator: Average Price, Fees, and Remaining Shares

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A partial fill leaves two separate questions: what has already traded, and what can still trade. Add the confirmed execution quantities, calculate their quantity-weighted price, and count each incurred fee once. Then subtract filled shares from the original order quantity. That subtraction gives the unfilled amount, not proof that the remainder is still working or has been canceled. Before changing or replacing an order, match the execution log to the current ticket and verify its remaining status with your broker. The calculator below reconciles one order in one currency; it does not predict another fill or choose your next trade. Filled quantity and working quantity answer different questions. Reconcile the executions before touching the remainder Enter executed shares and execution prices, not displayed quotes, your limit price, or an expected future fill. A single market order can execute in pieces at different prices, as Investor.gov explains in its updated order-types bullet...

Trailing Stop Calculator: Dollar vs. Percent Trail, Giveback, and Gap Risk

A trailing stop moves its trigger only when the selected market reference moves favorably. A dollar trail keeps a fixed price distance; a percent trail keeps a proportional distance. When price reverses enough to reach the trigger, a trailing stop loss generally becomes a market order, so the fill can be worse than the calculated trigger. The calculator below estimates the current trigger, profit giveback, fill slippage, account impact, and adverse-gap scenarios for long and short positions. It does not monitor live prices, choose a trail, or guarantee an exit. Quick answer Long position, dollar trail: trailing trigger = highest favorable reference - dollar trail. Long position, percent trail: trailing trigger = highest favorable reference x (1 - trail percent). Short position, dollar trail: trailing trigger = lowest favorable reference + dollar trail. Short position, percent trail: trailing trigger = lowest favorable reference x (1 + trail percent). The trigger general...

Stop Order vs. Stop-Limit Order: Slippage, Gap Risk, and Examples

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A stop order becomes a market order when triggered; a stop-limit becomes a limit order. The first accepts uncertain execution prices, while the second can leave shares unfilled. If your order is already active, check the broker's recorded status before deciding what to do next: not triggered, working, partially filled, filled, or cancellation pending. A price crossing your chart line does not prove the broker's trigger fired, and a cancellation receipt does not prove the remaining order is canceled. Use the worksheet to measure an entered fill, then use the status checklist to avoid treating unfilled shares as an exit. Quick answer Sell stop for a long position: once triggered, it generally becomes a market sell order. It may execute below the stop price. Sell stop-limit for a long position: once triggered, it becomes a limit sell order. It cannot execute below its limit, but the shares may remain unsold. Buy stop for a short position: once triggered, it generally ...