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10 Cards in this Set

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