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What is an IPO? What is the performance record of IPOs generally, specifically short and long term? What is a price contingent versus market order?

What is an IPO? What is the performance record of IPOs generally, specifically short and long term? What is a price contingent versus market order? What is a stop loss and why does it matter to an investor? How does the path of the effective bid-ask spread look? What is algorithmic trading? Explain. What is buying on margin? What is a short sale?

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