TribeAI · 1/7
Market order vs limit order vs stop order explained with FINRA material: how each executes, what triggers a stop order and where the evidence stops.
TribeAI · 2/7
Brokerage firms typically enter an order as a market order unless the investor specifies otherwise.
TribeAI · 3/7
A market order generally executes at or near the current bid or ask prices during normal trading hours, 9:30 a.m.
TribeAI · 4/7
Market orders typically receive the highest priority, followed by limit orders.
TribeAI · 5/7
A buy limit order can execute only at or below the limit price.
TribeAI · 6/7
A sell limit order can execute only at or above the limit price.
TribeAI · 7/7
Educational content, not investment advice. Full article and sources below.
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