A client buys 100 shares of MCS at 20. If the stock rises to 30 and he wants to protect his gain, which of the following orders should be entered?

A client buys 100 shares of MCS at 20. If the stock rises to 30 and he wants to protect his gain, which of the following orders should be entered?



A) Sell stop at 29.

B) Sell limit at 30.

C) Sell limit at 30.15.

D) Sell stop at 30.15.



Answer: A) Sell stop at 29.


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