An order to sell that involves a preset trigger point is called a ________ order.
A)limit
B)day
C)stop
D)short
E)market

Name: An order to sell that involves a preset trigger point is called a ________ order. A)limit B)day C)stop D)short E)market
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Question

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A stop order is used to trigger a market order once a preset price (the stop price) has been reached. The order will be executed at the current market price, which may be worse than the stop price.

An Order to Sell That Involves a Preset Trigger Point