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Tip of the Day

Tip of the Day Save Money on Tax Credits

Save Money on Tax Credits - Because our world moves at an extremely high rate of speed these days with many changes taking place quickly it is hard to know...

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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 Hang Seng Index

Hang Seng Index - Hang Seng Index is a market-weighted index of thirty-three stock certificates. This weighted index makes up approximately seventy percent of the stock market value. All the stock certificates traded are on the Stock Exchange of Hong Kong. Hang Seng Index Services ...

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