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Exam Series-7 All Questions
Exam Series-7 All Questions

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FINRA General Securities Representative Series-7 Question # 2 Topic 1 Discussion

Series-7 Exam Topic 1 Question 2 Discussion:
Question #: 2
Topic #: 1

Bubba owns 100 shares of XYZ at $58. He needs to limit his loss to 5 points or less and will accept a longer time for the order to be executed, to make sure the loss does not exceed 5 points.

Which of the following orders would be the best recommendation?


A.

sell limit order


B.

sell stop-limit order


C.

sell stop order


D.

buy stop order


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