Which of the following describes a buy limit order?

THỊ TRƯỜNG CHỨNG KHOÁN

Quiz
•
Financial Education
•
University
•
Easy
Kim Thanh
Used 1+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Buy only when the price exceeds a certain level.
Buy only at a specified price or lower.
Sell only when the price is at a certain level.
Sell immediately at market price.
2.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
What is a potential risk of using limit orders?
Immediate execution
Not being executed at all
Higher transaction fees
Longer waiting times
3.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
What triggers a stop order?
A specific date
A predetermined price level
A financial news release
An investor's emotional decision
4.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
What is a buy stop order used for?
To sell when the price drops
To buy at any price
To buy when the price rises above a certain level
To sell at a predetermined price
5.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
In what situation would an investor use a sell stop order?
To secure a profit
To minimize potential losses
To buy shares
To adjust their portfolio
6.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
How can stop orders be beneficial in trading?
They guarantee profit
To minimize potential losses
To buy shares
To adjust their portfolio
7.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
What is a common challenge associated with stop orders?
They can only be placed during market hours
They may execute at an unfavorable price during volatility
They require extensive market knowledge
They cannot be canceled
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