Saturday, May 14, 2011 6:12:10 PM
Otherwise, the terms therein are for these types of orders: market, limit, stop, limit stop, trailing stop. They also cover special instructions like All or None, Good til Cancelled, and Good til Date.
Maybe someone else can tell you of some sites that may be cheaper to join at. There are several of them, but don't think that you have to spend a lot of money to join one. You should still be able to find a site where you only have to pay no more than a buck or so.
For penny stocks such as SFIO, it really helps me as a relative newbie to know these trade designations. I still call myself a newbie 3 years in, because you never stop learning about stocks, and even the most seasoned pros make incorrect calls about what will happen to a stock. The best thing to do is to know how to prevent losses as much as possible. Once you have your bases covered, then you should feel more safe about holding and trying to profit more from your shares. GLTY!
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