Question
ashley riley wants to buy the stock of x.y.z. company at a specified price. what type of order should she place? group of answer choices common order discretionary order stop order limit order market order
Answer
Limit Order
- Q: What are the different types of orders in stock trading? A: The different types of orders in stock trading are common order, discretionary order, stop order, limit order, and market order.
- Q: What is a limit order? A: A limit order is an order to buy or sell a stock at a specific price or better.
- Q: What is a stop order? A: A stop order is an order to buy or sell a stock once the price of the stock reaches a specified trigger price.
- Q: What type of order should Ashley place? A: Ashley should place a limit order to buy the stock of X.Y.Z. company at a specified price.