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Tip of the Day Use a Mortgage Broker

Use a Mortgage Broker - When purchasing a home, why not use a mortgage broker as he can shop around all the financial institutions and generally find you a much...

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Stop-loss Order

Definition: An order to sell a stock at a specified price.

TeenAnalyst Advice: For example, if you own XYZ stock at $40 per share and want to sell it if it drops to $35 per share, you would put in a stop-loss order.  This allows you to minimize your losses because if XYZ dropped to $30 per share, you would have sold it at $55 per share.

We recommend using stop loss orders with your trades.  But don't put an order in for a price that's close to what it's trading at now.  Otherwise, the stock might dip below it in intraday and then rise again.  If that happened, you'd sell it before you wanted to.

 

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aptoide for ios said:

Thanks for posting such good content

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Definition of the Day Proxy Vote

Proxy Vote - Members who are actively up to date are given an opportunity to participate in the decision making process. This is inclusive with active members to approve or, reject the subject material at hand. Members involved in the election of officers through other elected members to cast a...

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