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multivalue

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multivalue

Re: None

Wednesday, 02/22/2006 12:28:24 PM

Wednesday, February 22, 2006 12:28:24 PM

Post# of 44374
Need a little purchase help here.

Can anyone help me to verify what a "Stop Market" order type purchase is?

With Ameritrade you can do a buy or sell with an "Activation Price" which I believe means that it will not try to purchase the shares for you until that price has been reached?

For example if you put a stop market trade buy on GTE at 3.20 (i.e. don't want to miss out if news or other starts to drive up the price quickly) once it hits that price it will try to buy at the best price?


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