SIE: 8.4.4.3.5. Memory Tricks For Orders

Taken from our SIE Online Guide

8.4.4.3.5.  Memory Tricks for Orders

Sell limit orders and buy stop orders are typically placed over the market price. This can be remembered through a mnemonic:

SLOBS: Sell Limit—Over the market—Buy Stop.

Buy limit and sell stop orders a

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