Bolt of Jamaica won in the Men's 100m final at the World Athletics Championships Beijing 2015 Sunday with a time of 9.79 seconds.
In Market Order the order is executed as you place the order and the stocks are brought or sold at the market price.So if you place the order when the stock is trading at 1025, your order will be executed and you will get almost the same price. Limit Oder VS Market Order.
Once the stop price is reached, the order becomes a Sell Limit Order, filled at the limit price specified or higher. Example: Suppose you own 100 shares of Bank of America (BAC) and you are looking to sell them if the stock's price falls a bit lower. Assume BAC is currently trading at $45 per share. You place a Sell Stop Limit Order for $41 on BAC, with a Limit (minimum you're willing to accept) at $40.