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You bought a stock at $85, and it is now selling for $120. You are getting nervous about the price, so you want to put
- You bought a stock at $85, and it is now selling for $120. You are getting nervous about the price, so you want to put in an order that makes it automatically sell if it drops more than 5% from any high price point going forward. Which of the following orders would you do?
- Trailing stop order
- Limit buy order
- Stop order
- Market order
- Trailing stop order
- Limit buy order
- Stop order
- Market order
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Fundamentals Of Corporate Finance
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
5th Edition
1119795435, 978-1119795438
