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7. (7 points) You took a long position in ABC stock. What type of orders is frequently used to limit losses? a) Good-until-cancelled, Buy-to-cover order
7. (7 points) You took a long position in ABC stock. What type of orders is frequently used to limit losses? a) Good-until-cancelled, Buy-to-cover order b) Good-until-cancelled, Market order c) Market, Stop-buy order d) Good-until-cancelled, Stop-buy order e) Good-untif-cancelled, Stop-loss order 8. (7 points) In the Nov 2016 AAll Journal article "Competition has made Indexing a Winners Game" by Charles Ellis, which of the following is NOT true: NOTE THAT MORE THAN ONE MAYBE TRUE 1. The author points out that investing is a loser's game. This means that the outcome is controlled by the loser. II. Almost everybody should be indexing. III. Investing is a changed field from what it was 60 or so years ago. Markets are less efficient. IV. It is the author's conviction that the expense ratio on actively managed portfolios often is a tough challenge
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