To avoid buying or selling a stock at a price higher or lower than
what you wanted, you need to place a limit order rather than a 【S1】______
market order. A limit order is an order if to buy or sell a security at 【S2】______
a specific price. A buy limit order can only be executed at the limit
price or lower, and a sell limit order that can only be executed at 【S3】______
the limit price or higher. When you place a market order, you can't
control the price at which your order will be filled with. 【S4】______
For example, if you want to buy the stock of a "hot" IPO that was
initially offered at $ 9, but don't want to end up paying more than 【S5】______
$ 20 for the stock, you can place a limit order to buy the stock at
any price up to $ 20. By entering with a limit order rather than a 【S6】______
market order, you will not be caught in buying the stock at $ 90 【S7】______
and then for suffering immediate losses as the stock drops later in 【S8】______
the day or the weeks ahead.
Remember so that your limit order may never be executed because 【S9】______
that the market price may quickly surpass your limit before your 【S10】______
order which can be filled. But by using a limit order you also protect 【S11】______
yourself from buying the stock at too high a price. 【S12】______
【S1】______