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The Basics of Trading a Stock: Know Your Orders Jul 04, 2019 · A market order is the most basic type of trade. It is an order to buy or sell immediately at the current price. Typically, if you are going to buy a stock, then you will pay a price at or near the posted ask. If you are going to sell a stock, you will receive a price at or near the posted bid. Understanding Different Buy and Sell Orders When Managing ...

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