Commsec app sell limit

  1. 289 Posts.
    Just wondering if I set a sell order at limit with the commsec mobile app, will it execute once the share price has dropped to that price, is it similar to a stop loss?

    For example, I buy at 1.50 it jumps to 2.00 and I set a sell limit of 1.90. Does it sell on reaching the price and I profit 0.40

    Thanks in advance.
 
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