Question 1
When you place an order to buy or sell stock, you must specify all of the following
except
◦ the commission you are willing to pay.
◦ whether the order is a market order or a limit order.
◦ the ticker symbol.
◦ whether you are buying or selling.
Question 2
If you are a day trader you would probably utilize a(n)
◦ discount brokerage firm.
◦ full-service brokerage firm.
◦ online brokerage service.
◦ commercial bank trust department.
