To avoid buying or selling a stock at a price higher or lower thanwhat you wanted, you nee

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】______