A limit order instructs the broker to sell if a stock price falls to a certain level.

Name: A limit order instructs the broker to sell if a stock price falls to a certain level.
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Question

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A limit order instructs the broker to sell or buy at a specific price or better, not necessarily when the price falls to a certain level. A stop order is used to sell if a stock price falls to a certain level.

A Limit Order Instructs the Broker to Sell If a Stock