Monday, August 4, 2014

Cramer: "Never sell on a market order"!

   Jim Cramer of CNBC says that if you call your stock broker and tell them to sell a certain stock you own, you are giving a "market order".

   Cramer says you should never do that, as it gives them permission to sell that stock for whatever price they want. Tell your broker what price you want instead. He says inexperienced people often make that mistake.

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