A stop-loss order can also be used by short-sellers where the stop triggers a buy order to cover rather than a sale. Stop orders execute immediately at the market after the stop price has been hit. Stop-limit orders, on the other hand, turn into limit orders that will only be fulfilled at the set price …
Such different units require unification of the energy units by a common base. For instance, the coal equivalent ton (cet) is a basic unit which has been adopted by United Nations. Likewise, it is also possible to define oil equivalent ton (oet) which is equal to 51×106 kJ. Crude oil is When do day trades reset …
Bbl, BOE, BTU, Mcf and Other Common Oil and Gas Abbreviations Read More »