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Post by Roberto on Apr 19, 2024 15:19:44 GMT 5.5
As I get into stock trading, I'm trying to understand the basic terminology. Can someone explain what a buy order is?
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Post by Esper on Apr 19, 2024 17:12:28 GMT 5.5
A buy order in trading is an instruction to a broker to purchase a specific quantity of a stock or other asset at a specified price or better. This is one of the fundamental actions in trading and investing, allowing participants to enter the market. Buy orders can vary based on conditions set by the trader, such as market orders, limit orders, and stop orders, each serving different strategies and risk levels. For a more comprehensive look at buy orders and how they function in financial markets, you might find this article helpful: paybis.com/blog/glossary/what-is-a-buy-order/ It outlines different types of buy orders and how they are used in trading scenarios.
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