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A trader buys 200 shares of AYC for $100 and sets a stop loss order at $90. The stock declines over the next few weeks

A trader buys 200 shares of AYC for $100 and sets a stop loss order at $90. The stock declines over the next few weeks and falls below $90. The traders stop order gets executed and the position is sold at $89.95.

Stop Loss Order

Limit Order

Kill or Fill Order

Market Order

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