Above The Market

What Does Above The Market Mean?
An order to buy or sell at a price set higher than the current market price of the security. Examples of above the market orders include: a limit order to sell, a stop order to buy, or a stop-limit order to buy.

Investopedia explains Above The Market
This is a strategy that is often used by momentum traders. For example, a stop order would be placed above the resistance level to buy. Should the security's price break through the resistance level, the investor may be able to participate in the upward trend.

Related Terms

Below the Market
Limit Order
Market Order
Resistence
Stop Order
Stop-limit Order
Stop-loss Order
More Related Terms

Related Links

Stock Basics Tutorial - If you're new to the stock market and want the basics, this is the tutorial for you!
The Basics Of Order Entry - Taking control of your portfolio means knowing what orders to use when buying or selling stocks.
Ten Steps to Building a Winning Trading Plan - It's impossible to avoid disaster without trading rules - make sure you know how to devise them for yourself.
Trailing-Stop Techniques - The important decision to exit a position must be based on more than emotion if you want to be a disciplined trader.

Rate this Term: Your Rating: Overall Rating: Vote Now!