Play Video: Ask a Money Mentor. 4 types of trade orders, with David W. Davis, Advisor, J.P.Morgan Wealth Management
Play Video: Ask a Money Mentor. 4 types of trade orders, with David W. Davis, Advisor, J.P.Morgan Wealth ManagementVideo
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Video ADA Text: Play Video: Ask a Money Mentor. 4 types of trade orders, with David W. Davis, Advisor, J.P.Morgan Wealth Management
Transcript Browser Title: Ask a Money Mentor. 4 types of trade orders
Description: "Fast markets" are volatile markets where stock stocks prices move rapidly up or down. Here are some order types you can consider in this type of market.
Transcript: <h2>Side note:</h2>
<p>Background music plays.</p>
<h2>Text on screen:</h2>
<p>This video opens with a title: 'Ask a Money Mentor.'</p>
<h2>On screen logo:</h2>
<p>A J.P.Morgan Wealth Management logo appears.<b></b></p>
<h2>Text on screen:</h2>
<p>This video opens with a title: 'Ask a Money Mentor.'</p>
<h2>On screen:</h2>
<p>A J.P.Morgan Wealth Management logo appears below images of a bearded man in glasses and a yellow sweater, who interviews and laughs in a studio office.</p>
<h2>Side note:</h2>
<p>A bold disclaimer in a text box reads:</p>
<h2>Text on screen:</h2>
<p><strong>INVESTMENT AND INSURANCE PRODUCTS:</strong></p>
<ul>
<li><strong>NOT A DEPOSIT</strong></li>
<li><strong>NOT FDIC INSURED</strong></li>
<li><strong>NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY</strong></li>
<li><strong>NO BANK GUARANTEE</strong></li>
<li><strong>MAY LOSE VALUE</strong></li>
</ul>
<h2><strong><span style="font-weight: normal;">On screen:</span></strong></h2>
<p>A question appears over white:</p>
<h2>Narrator:</h2>
<p>So what are types of orders for trading stocks?</p>
<h2>On screen:</h2>
<p>The advisor speaks to the camera as text appears:</p>
<h2>Text on screen:</h2>
<p>'David W. Davis, Advisor, J.P.Morgan Wealth Management.'</p>
<h2>David W. David:</h2>
<p>Let’s start with market orders.</p>
<h2>On screen:</h2>
<p>A stoplight beside David turns green.</p>
<h2>David W. David:</h2>
<p>They’re used to buy or sell a stock immediately at the current price during market hours. Market orders are the most common and most likely to be executed.</p>
<h2>On screen:</h2>
<p>The stoplight switches to yellow.</p>
<h2>David W. David:</h2>
<p>Limit orders are used to buy or sell at a price you set or better. They can be good for volatile assets or if you have a price in mind, but they can also be less likely to happen.</p>
<h2>On screen:</h2>
<p>The stoplight turns red.</p>
<h2>David W. David:</h2>
<p>Stop-loss orders use a price you set to trigger a market order.</p>
<h2>Text on screen:</h2>
<p>Text appears over gray: 'Stop-Loss Orders.' A disclaimer reads: 'This example does not reflect the performance of any specific vehicle or strategy and is based solely on the hypothetical illustration and assumptions cited. Hypothetical examples are not intended to serve as a projection of any result.' Numbers appear as David speaks.</p>
<h2><b>David W. David:</b></h2>
<p>Let’s say you’ve bought a stock for $100 and set a stop-loss for $90. If that stock hits 90 or below, your order is immediately entered as a market order. Stop-limit orders use a price you set to trigger a limit order.</p>
<h2>Text on screen:</h2>
<p>Text appears over gray: 'Stop-Limit Orders.' The same disclaimer appears, and numbers reflect David's example.</p>
<h2>David W. David:</h2>
<p>So if your $100 stock drops below $90 and you don’t want to lose more than $10 on it, it won’t sell until it rebounds to $90. But it may not rebound, so sometimes stop-limit orders can be a little riskier.</p>
<h2>On screen:</h2>
<p>A titled list appears over gray:</p>
<h2>Text on screen:</h2>
<p>A titled list appears over gray: 'Understanding Trade Orders.</p>
<ul>
<li>One: 4 main order types are: Market, Limit, Stop-Loss, and Stop-Limit.</li>
<li>Two: Understanding these orders is important when buying or selling stocks.'</li>
</ul>
<h2>On screen:</h2>
<p>The video closes with a logo over white:</p>
<h2>On screen logo:</h2>
<p>J.P. Morgan Wealth Management.</p>
<h2>Side note:</h2>
<p>Legal disclosures:</p>
<h2>Text on screen:</h2>
<p>Asset allocation/diversification does not guarantee a profit or protect against loss.</p>
<h2>Side note:</h2>
<p>A disclosure in bold continues:</p>
<h2>Text on screen:</h2>
<p>A disclosure in bold continues: <strong>When investing in mutual funds or exchange-traded and index funds, please consider the investment objectives, risks, charges, and expenses associated with the funds before investing. You may obtain a fund's prospectus by contacting your investment professional or visiting the fund company's website. The prospectus contains this and other information, which should be carefully read before investing.</strong></p>
<h2>Side note:</h2>
<p>Another bold disclosure reads:</p>
<h2>Text on screen:</h2>
<p><strong>Investing in securities involves market risk, including possible loss of principal, and there is no guarantee that investment objectives will be achieved. Outlooks and past performance is not a guarantee of future results.</strong></p>
<h2>Side note:</h2>
<p>Text continues in regular:</p>
<h2>Text on screen:</h2>
<p>In general, the bond market is volatile, bond prices rise when interest rates fall and vice versa. Longer term securities are more prone to fluctuation than shorter term securities. Any fixed income security sold or redeemed prior to maturity may be subject to substantial gain or loss. Dependable income is subject to the credit risk of the issuer of the bond. If an issuer defaults no future income payments will be made.</p>
<p>The price of equity securities may rise or fall due to the changes in the broad market or changes in a company's financial condition, sometimes rapidly or unpredictably. Equity securities are subject to 'stock market risk' meaning that stock prices in general may decline over short or extended periods of time.</p>
<p>J.P. Morgan Wealth Management is a business of JPMorgan Chase & Co., which offers investment products and services through <strong>J.P. Morgan Securities LLC</strong> (JPMS), a registered broker-dealer and investment adviser, member FINRA and SIPC. JPMS and JPMorgan Chase Bank, N.A. (JPMCB) are affiliated companies under the common control of JPMorgan Chase & Co.</p>
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