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trading_panda

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  1. I was taking a nap in my garden on a Sunday afternoon and had a vivid dream about stock X gapping up on Monday open - Like any newbie retail trader, I decide to act on it.

    Assume stock X closed at $100 on Friday, I'd be happy to risk entering a LONG trade at maximum $110 to capitalise on my dream - what order should I place here so that my fill (if filled) is guaranteed to be $110 or better? 

    Thought about using a limit buy order at $110 so it would get filled (if filled) at $110 or better - but clearly not doable because it's in the wrong direction.

    If I place a stop buy order, then my fill level is not guaranteed if it really gaps up.

    Any help is appreciated!

     

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