To avoid buying or selling a stock at a price higher or lower than what you wanted, you need to place a limit order rather than a 【S1】______ market order. A limit order is an order if to buy or sell a security at 【S2】______ a specific price. A buy limit order can only be executed at the limit price or lower, and a sell limit order that can only be executed at 【S3】______ the limit price or higher. When you place a market order, you can't control the price at which your order will be filled with. 【S4】______ For example, if you want to buy the stock of a 'hot' IPO that was initially offered at $ 9, but don't want to end up paying more than 【S5】______ $ 20 for the stock, you can place a limit order to buy the stock at any price up to $ 20. By entering with a limit order rather than a 【S6】______ market order, you will not be caught in buying the stock at $ 90 【S7】______ and then for suffering immediate losses as the stock drops later in 【S8】______ the day or the weeks ahead. Remember so that your limit order may never be executed because 【S9】______ that the market price may quickly surpass your limit before your 【S10】______ order which can be filled. But by using a limit order you also protect 【S11】______ yourself from buying the stock at too high a price. 【S12】______ 【S1】______