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Summary cf week 7 investments template 2 .docx FIN100 Week 7 Homework: Definitions FIN100: Principles of Finance Week 7 Homework Instructions: Please respond to the following questions: 1. Describe the differences among the following three types $7.49
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Summary cf week 7 investments template 2 .docx FIN100 Week 7 Homework: Definitions FIN100: Principles of Finance Week 7 Homework Instructions: Please respond to the following questions: 1. Describe the differences among the following three types
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RAS
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cf week 7 investments template 2 .docx FIN100 Week 7 Homework: Definitions FIN100: Principles of Finance Week 7 Homework Instructions: Please respond to the following questions: 1. Describe the differences among the following three types of orders: market, limit, and stop loss. Pro...
cf week 7 investments template 2 docx fin100 week 7 homework definitions fin100 principles of finance week 7 homework instructions please respond to the following questions 1 de
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FIN100
Week 7 Homework: Definitions
FIN100: Principles of Finance
Week 7 Homework
Instructions: Please respond to the following questions:
1. Describe the differences among the following three types of orders: market, limit, and
stop loss. Provide examples of each in your own words.
Your Answer: The difference between the three types is as follows, Market type is
basically I want to buy/sale right now. I do not care about the price , I am ready to
purchase immediately. For example, I am at the car lot. Price is not a factor. I have the
perfect color, the inside is customized to my liking, everything is perfect down to the
rims! The car comes out to 40,000. This did not make me flinch. I am ready to close out
on this car right now, I do not care of the price. Limit order means though I want to buy
this I will only buy if it is the exact price I have set in my head, if it is over this price I
will not order. If it is below my set price I will still purchase. For example, I found this
hand bag while shopping online but, it is extremely expensive. I do not want to buy it
until the item goes on sale, once the item is on sale I will now add this item to my cart
and cash out on my purchase. Lastly, Stop Loss is basically saying the stock won't get
too much better, I need to find a point to pull out so that I wont lose my investment, at
this point I want to Stop! For example, I invested stock into myspace. My space reached
its peak, and is beginning to fall due to all of the new social media sites. Once the stock
has lowered to 3k I would like for my order to be executed and sell !
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