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Tip of the Day

Tip of the Day Ditch Your Car

Ditch Your Car - If you live in a community where everything is within a reasonable distance, you need to ask yourself why you are driving a car, which when...

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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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Daily Definition

Definition of the Day Fitch Sheets

Fitch sheets- They are issued by Mr. Francis Emory Fitch, Inc they are the reports and are compiled on a daily basis. They are then stored away in a massive data bank to show trends in the stock market for future assessment they have records going back as far as...

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