Qwissit Stock Market

Stock Market Basics

Order Types and Placing Orders

12 of 60 questions in the app

Securities account and broker

  1. What does a retail investor need in order to buy shares? Easy
  2. What is the settlement account of a securities account used for? Easy

Basic order types

  1. What does an unlimited buy order ("at best") mean? Easy
  2. What is an unlimited sell order called in German? Easy
  3. What does a limit set for a buy order? Easy
  4. What is the main disadvantage of a limit order compared with an unlimited order? Easy

Stop orders

  1. What is a stop-loss order for? Easy
  2. When is a stop-buy order triggered? Easy

Stop orders

  1. How does a stop-limit sell order work? Medium
  2. What risks does an unlimited stop-loss order carry? Medium

Stop orders

  1. An investor has an unlimited stop-loss order at 90 euros. The share closes at 92 euros, and after a profit warning it opens at 80 euros the next morning. What happens? Hard
  2. Same case, but with a stop-limit order: stop 90 euros, limit 88 euros. The share opens at 80 euros and stays below 85 euros all day. Which statements are correct? Hard

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