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> How to read an order...
anupdodia
post Apr 2 2008, 10:44 AM
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Group: Traders-Talk User
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Joined: 2-April 08
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Hi All,

This Is My First Post And I Am Doing A Mini Project About Trading Language . I Would Really Appreciate Any Help Comng My Way!

My First Quick Questions Is About Orders. In Particular How To Interpret Certain Orders.

1. Buy/sell 10,000 Share X And 1/3 Of The Volume.
2. Buy/sell At Market 10,000 Share X.
3. Buy/sell 10,000 Share X @ 15.55 Limit.
4. Buy/sell 10,000 Share X @ 20% the Volume Limit 15.55.
5. Buy/sell 10,000 Share X @ 20% the Volume.

If Someone Can Give Me A Simple Break Down Of These, I Would Really Appreciate It.

Thanks,

Anup
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marco
post Apr 2 2008, 06:56 PM
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Posts: 191
Joined: 9-November 06
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Never heard of an order conditioned on volume. Maybe I need to get a new broker!

Anyway, here's an article that will help you on the rest - market and plain vanilla limit orders:

http://www.investopedia.com/articles/basics/03/032103.asp
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