Sunday, April 5, 2009
Market Order for Selling
Similarly suppose that you know the price of stocks of company 'B' will go down later in the day when the company comes out with its Earnings report of Losses for the Quarter. So you would want to sell the stocks of this company immediately, before the price of the stocks fall drastically. In such a case, you can place a Market Order for Selling. This will place an order for selling the stocks at the Last Traded Price in the Stock Market. So the chances of selling the stocks increase, as you are trying to sell the stock very close to its Last Traded Price in the market.
Labels:
Fundamentals
Subscribe to:
Post Comments (Atom)
Jesse Livermore Said
"The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the man of inferior emotional balance, or for the get-rich-quick adventurer. They will die poor."
No comments:
Post a Comment