Beginner's Guide to Stock Orders

Stop-Loss Order

This type of order is a sell order, which means you tell your broker to sell your stock if the price drops below a specified price. Most of the time, you put in this type of order to protect the profits already earned on a stock.

Survival Tip: Stay Invested Longer

Economic cycles last at least five years. Staying invested over several economic cycles increases your chances of long-term growth. Also, diversifying across other asset classes , like cash and bonds , helps to reduce your risk to the stock market (see "Beginner's Guide to Diversification and "Allocate Your Assets Like a Pro").

« Previous Page

1 2

Next Page »