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Tip of the Day Set A Budget

Set A Budget - On of the main mistakes people make is not creating a budget so that they understand where their money is coming from and going to. ...

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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 Hidden Values

Hidden Values - Hidden Values is undervalued assets on a company or corporation balance sheet. It is not in the company or corporation balance sheet. It is not in the company or corporation share price. Hidden values are in the form of assets such as pending...

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