Kingpin804

Jack Steele has just determined using analysis that the prospects for Titan Steel are favorable. He would like to trade before other investors realize Titan’s prospects. What type of trade should he use?

A) limit.

B) participate.

C) market.

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Steele is an information-motivated trader. These traders have information that is time sensitive, and if they do not trade quickly, the value of their information will expire. They use market orders to execute quickly and because these orders are less noticeable.

Kingpin804

Value-motivated traders emphasize:

A) price in their trading and use limit orders.

B) time in their trading and use limit orders.

C) price in their trading and use market orders.

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Value-motivated traders are patient and will use limit orders, because price, not time is their main objective.