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Extra info for AN INTRODUCTION TO THE PYTHAGOREAN WRITINGS OF THE HELLENISTIC PERIOD
50. Then Coke announces that earn- when the stock falls to a certain level. The idea is to ings will double in the next quarter. The price is go short on a stock that is declining in price, ride going to skyrocket. If you had set a buy stop order the selling pressure down, and buy the stock back $45, you would be out of the position when the at a cheaper price. stock hit that price. This would protect most of your hard-won profit. Buy stop orders are a safety The Stop-Limit Order net for short sellers.
The main Level II if it does not cross or lock the market. M. M. eastern ATTN, and BTRD. BRUT is now owned by the time. M. east- INET has also been acquired by Nasdaq and is ern time. Individual brokers may have different awaiting regulatory approval. Following is a brief hours of operations. com. qxp 2/2/07 11:33 AM Page 44 44 SAMMY CHUA’S DAY TRADE YOUR WAY TO FINANCIAL FREEDOM INET routing to all major destinations. In addition, all INET is the result of a merger between Instinet and firms, both market maker and order entry, can now Island ECNs.
Buy stop orders are a safety The Stop-Limit Order net for short sellers. This is a good order to use when you enter a position. It is both a stop order and a limit order. It can The Sell Stop Order be used for a buy order or a short order. When a Sell stops, often called stop-loss orders, are safety stop-limit order is used, a limit order is triggered nets for long positions. The order is always set when a stop price is reached. below the current market price. It is used to protect For example, you entered the following order profits and to limit losses in a long position.