To avoid buying a stock at a price higher than your intention,you need to place ________ rather than a market order.

Question

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A limit order allows you to set a specific price at which you are willing to buy a stock. This means you can avoid buying at a higher price than you intended. Stop-loss orders are used to sell a stock when it reaches a certain price, while day orders and good-til-cancelled orders refer to how long the order will remain active, but do not guarantee a specific purchase price.

To Avoid Buying a Stock at a Price Higher Than