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Finance: What are Limit Order, Sell Limit and Stop Limit? 7 Views
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Description:
What is a limit order, and how can we be sure we never have one of those in place when we go to a doughnut shop?
- Social Studies / Finance
- Finance / Financial Responsibility
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- Life Skills / Personal Finance
- Finance / Finance Definitions
- Life Skills / Finance Definitions
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- Terms and Concepts / Company Management
- Terms and Concepts / Accounting
- Terms and Concepts / Bonds
- Terms and Concepts / Charts
- Terms and Concepts / Company Valuation
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- Terms and Concepts / Financial Theory
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- Terms and Concepts / Investing
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Transcript
- 00:00
Finance a la shmoop what is a limit order? you want to sell a thousand shares
- 00:07
of Colonel electric it was demoted after they cut their dividend the shares have [Scissors cuts dividend in half]
- 00:13
been trading wildly between $15 and $25 a share you don't want to feel like a
- 00:19
moron for having sold them at fifteen bucks when six weeks later they kissed
- 00:24
25 with tongue so what do you do well you put in a limit order that is you put
Full Transcript
- 00:30
a limit of a minimum price of 25 bucks a share for Colonel Electric such that [Pile of stocks appear]
- 00:36
those shares will simply sit in your account unsold maybe forever until
- 00:41
somebody out in the wild blue yonder of Stockland is willing to pay twenty five [Woman standing at a colonel electric stand]
- 00:47
dollars or more for the shares where you have a minimum price limit of 25 bucks a
- 00:52
share in your order so here's to hoping they sell and don't get further demoted [Man carries stock into car]
- 00:57
Sargent Electric is just a place you don't want to go
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