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.
More Quotes from Arthur Levitt:
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.Arthur Levitt
The tension between centrality, on the one hand, and competition, on the other, is probably the oldest of all market structure issues.
Arthur Levitt
How many times have we seen an analyst on television being asked to list his top five picks And how many times has that analyst taken the opportunity to caution viewers, 'By the way, my employer recently underwrote three of these stocks'
Arthur Levitt
It is time for the U.S. securities market to make this change,
Arthur Levitt
Investors should start with a view of skepticism. They should become intellectual investors rather than emotional investors. They should be careful, and they should be skeptical.
Arthur Levitt
Promoting the interaction of orders remains one of the most difficult, but crucially important, challenges we face concerning our national market system.
Arthur Levitt
Readers Who Like This Quotation Also Like:
And so I missed those best years and I find it difficult for me, in groups, to be comfortable.Eddie Albert
I call upon my God to judge me, he knows that I love my friends and above all others my wife and children, the, oppinion of the world to contrary notwithstanding.
Stand Watie
America's economy is resilient, and I am confident that Republican pro-growth policies will continue to keep our economy growing - just as it has since after the September 2001 terrorist attacks.
Dennis Hastert