I'm just getting started in the process of learning how to trade. I just wanted to know how should I interprete the following sentence :
"Active investors will take a position on the SYNERGY share over €43.90 with a target of € 49.99 in line of sight. They will protect their capital by placing a stop at €40.99."
Does this mean :
1) To issue 1 stock market order (instructing both on how much to pay and when to sell the stock option (may it reaches a price too low)) ?
2) Or to issue 2 distinct stock market orders :
• 1 to buy
• 1 to sell
Which types or orders (Market, Limit, Stop, Conditional...) would you issue to follow this instruction ?