Where Does the Order Fill? 10 Order-Type Problems on One Price Ladder

Market, limit, stop and stop-limit orders all get one line of recap -- then ten scenario problems on one price ladder, so you can read where and when any order fills instead of just reciting its definition. Free practice for this section, every wrong answer explained: https://indepthacademics.com/sie/ Full playlist: SIE Section 3A -- Trading, Orders & Settlement. Chapters: 0:00 One Ladder, Five Rungs 1:47 Where Limits Already Fill 3:22 Stops, Gaps and Stop-Limits 5:04 Two Questions, Then the Sheet Covered in this lesson (FINRA SIE Content Outline (c) 2024/2025, section 3.1.1 -- "Orders and Strategies"), applying the SEC's own Investor Bulletin on order types to ten problems on one ladder: • Market order: fills immediately, price not guaranteed • Limit order: fills only at the limit or better -- and if it's already past the market, it fills immediately, not later • Stop order: rests, then becomes a market order at the trigger -- the fill price can gap away from the stop price • Stop-limit order: rests, then becomes a limit order at the trigger -- safer, but it may never fill • GTC vs. Day orders: timing instructions only, never the price Two exam-style questions with every distractor explained. Sources: FINRA SIE Content Outline (c) 2024/2025 edition, section 3.1.1; SEC Office of Investor Education and Advocacy Investor Bulletin, "Trading Basics: Understanding the Different Ways to Buy and Sell Stock" (SEC Pub. No. 141). FINRA®, the SEC and the SIE® exam names referenced are the property of their respective regulatory bodies. This channel is independent -- not affiliated with, sponsored by, or endorsed by FINRA or the SEC. It exists to help candidates prepare for the exam. This is exam education, not investment advice. #SIEExam #FINRA #SIEExamPrep Chapters: 0:00 One Ladder, Five Rungs 1:57 Where Limits Already Fill 3:39 Stops, Gaps and Stop-Limits 5:41 Two Questions, Then the Sheet