“One way for investors to protect themselves from a rapid change in the price of a stock is to use a limit order rather than a market order.” WayUseOrderProtectLimitsOne WayInvestorsRapidsRapid Change Author:Arthur Levitt Jr
“Another misconception is that an order is canceled when you hit 'cancel' on your computer. But, the fact is it's canceled only when the market gets the cancellation.” FactsOrderComputerMisconceptionCancellation Author:Arthur Levitt Jr
“Although the Internet makes it seem as if you have a direct connection to the securities market, you don't. Lines may clog; systems may break; orders may back-up.” IfsMaySeemsOrderLinesBreakSecurityInternetDirectConnectionsBreak Up Author:Arthur Levitt Jr
