exam 1 - order Flashcards
1
Q
A stop order
A
is a trade is not to be executed unless stock hits a price limit.
2
Q
The stop-loss
A
is used to limit losses when prices are falling
3
Q
limit order
A
An order specifying a price at which an investor is willing to buy or sell a security is a
4
Q
market order
A
directs the broker to buy or sell at whatever price is
available in the market.