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What's the form that instructs your broker to buy or sell when a stock reaches a specified price?

Limit Order is the form that instructs your broker to buy or sell when a stock reaches a specified price.


What is the difference between a stop order and a stop limit order on the thinkorswim platform?

A stop order becomes a market order when the stock reaches a certain price, while a stop limit order becomes a limit order when the stock hits a specified price.


Can you explain how a buy limit order works in the stock market?

A buy limit order is an instruction to purchase a stock at a specific price or lower. This order will only be executed if the stock's price reaches the specified limit price or lower. It allows investors to control the price at which they are willing to buy a stock, helping them to potentially get a better deal.


Can you explain how a sell limit order works in the stock market?

A sell limit order is a type of order placed by an investor to sell a stock at a specific price or higher. Once the stock reaches the specified price, the order is executed at that price or better. This allows the investor to control the price at which they are willing to sell their stock, potentially maximizing their profits.


What is a buy limit order above market price and how does it work in trading?

A buy limit order above market price is an instruction to purchase a stock at a specific price that is higher than the current market price. This order will only be executed if the stock's price reaches the specified limit price or lower. It allows traders to set a maximum price they are willing to pay for a stock, helping them control their purchase price and potentially secure a better deal.

Related Questions

What's the form that instructs your broker to buy or sell when a stock reaches a specified price?

Limit Order is the form that instructs your broker to buy or sell when a stock reaches a specified price.


What is a limit order?

Limit Order is the verbal or electronic instruction for a broker to buy or sell a security (e.g., stocks or bonds) at a specified price or a better price. For buys, the better price is any price lower than the specified price and for sells the better price is any price higher than the specified price.


What is a stop order?

A stop order is an order to buy or sell a stock once the price of the stock reaches a specified price, known as the stop price.


Broker Price Opinion?

A broker price opinion is a valuation performed by a broker or agent. Usually requested from a financial institution. you can find more information on http://www.insider-reports.com


What is price paid to a broker for services?

commission


What is the difference between a stop order and a stop limit order on the thinkorswim platform?

A stop order becomes a market order when the stock reaches a certain price, while a stop limit order becomes a limit order when the stock hits a specified price.


Can you explain how a buy limit order works in the stock market?

A buy limit order is an instruction to purchase a stock at a specific price or lower. This order will only be executed if the stock's price reaches the specified limit price or lower. It allows investors to control the price at which they are willing to buy a stock, helping them to potentially get a better deal.


Can you explain how a sell limit order works in the stock market?

A sell limit order is a type of order placed by an investor to sell a stock at a specific price or higher. Once the stock reaches the specified price, the order is executed at that price or better. This allows the investor to control the price at which they are willing to sell their stock, potentially maximizing their profits.


What does it mean when a share buy and sell price are close together?

The buy and sell price of a stock are referred to as the "bid" and the "ask." The bid is the price that a buyer is willing to pay and the ask is the price that a seller is willing to accept. A narrow spread between the bid and the ask typically means that a stock has good liquidity due to a large volume of shares being traded on an orderly basis. A wide bid/ask spread may occur when shares have low trading volume or when a stock price is under pressure due to an imbalance of buy and sell orders. One method an investor has to prevent overpaying when a stock has a wide trading range is to enter a buy limit order which means the investor instructs his broker to consummate an order only at or below a specified price.


Should I get a small car insurance company set in Virginia?

Find an independent insurance broker and get a quote. Then compare the price and see if the saving is worthwhile. Nice thing about an insurance broker is that they will do the price shopping for you.


What is the primary source document for recording investing transactions?

Broker's advice. This document is issued by a broker and gives the exchange price of investing transactions.


What is a buy limit order above market price and how does it work in trading?

A buy limit order above market price is an instruction to purchase a stock at a specific price that is higher than the current market price. This order will only be executed if the stock's price reaches the specified limit price or lower. It allows traders to set a maximum price they are willing to pay for a stock, helping them control their purchase price and potentially secure a better deal.