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The Complete Idiot's Guide to Active Trading by Ken Little

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Chapter 13
Market Orders You Must Know
In This Chapter
• Active traders use special orders to buy and sell securities
• The importance of limit and stop limit orders
• Using buy and sell orders with margin
• Short selling is buying backwards
Market orders are the tools that active traders use to help secure a profit or protect against a large loss. If you don’t know how to use these tools, you will have little chance of succeeding in active trading.

Buy and Sell Orders

The two basic orders are, of course, buy and sell, but don’t think that’s where it ends. In fact, if you are new to trading, this is the place where you will see profits diminish and losses increase. The system of orders has not changed much in many years. Traders use many of ...

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