exam 1 - order Flashcards

1
Q

A stop order

A

is a trade is not to be executed unless stock hits a price limit.

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2
Q

The stop-loss

A

is used to limit losses when prices are falling

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3
Q

limit order

A

An order specifying a price at which an investor is willing to buy or sell a security is a

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4
Q

market order

A

directs the broker to buy or sell at whatever price is

available in the market.

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