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A Stop-Loss Order (Or a Sell Stop Order)

Question 2

Multiple Choice

A stop-loss order (or a sell stop order) :


A) becomes a market order as soon as a trade takes place at this price,which is higher than the current market price
B) is a limit sell order above the current market price
C) is a sell order placed at the ongoing current ask price
D) is a sell order placed at a price lower than the current bid price
E) None of these answers are correct.

Correct Answer:

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