what is sell limit, buy limit, cover limit, short limit, sell market and cover market related to stocktrading?

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what is sell limit, buy limit, cover limit, short limit, sell market and cover market related to stocktrading?

2007-09-17 05:47:20 · 1 answers · asked by dkshah 1 in Business & Finance ➔ Investing

1 answers

The term "LIMIT" means you want to sell or buy (or do other things) when the price of the stock hits the price you set. You are placing trade order that becomes effective if and only if the price meets your requirement. These types of orders do not execute immediately.

The term "MARKET" means you want to sell or buy (or do other things) at whatever the price of the stock. These orders almost always execute immediately.

2007-09-17 05:56:13 · answer #1 · answered by tkquestion 7 · 1⤊ 0⤋