The timing of a securities transaction is very important. Differentiate among day orders, open orders, GTC orders,
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The timing of a securities transaction is very important. Differentiate among day orders, open orders, GTC orders, and fill-or-kill orders. In addition to the timing of orders, pricing instructions are also important. Differentiate among the following:
a. Market order
b. Limit order
c. Stop-loss order
Why would someone consider using a limit or stop-loss order?
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