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10 Cards in this Set
- Front
- Back
- 3rd side (hint)
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Market Order
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Order executes at current price
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Limit Order
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The highest price you are willing to pay on buying;
Or, the lowest price you are willing to accept on selling |
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Stop Market
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Becomes a market order once the activation (stop) is reached.
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Stop Market - Buy Orders
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Activation Price must be above the current ask
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Stop Market - Sell Orders
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Activation Price must be below the current bid
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Stop Limit
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Enter two prices:
Activation Price, and Limit Price |
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Stop Limit - Buy Orders
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Set Activation and Limit Price at current price for open
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Protect against gap up on buy-to-cover
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Stop Limit - Sell Orders
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Set Activation and Limit Price at current price for open
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Protect against gap down on sell order
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Bid
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Price someone wants to pay to buy a stock
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Ask
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Price someong wants to get to sell a stock
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