What is ‘Above The Market’
An order to buy or sell at a price set higher than the current market price of the security. Examples of above the market orders include: a limit order to sell, a stop order to buy, or a stop-limit order to buy.
Explaining ‘Above The Market’
This is a strategy that is often used by momentum traders. For example, a stop order would be placed above the resistance level to buy. Should the security’s price break through the resistance level, the investor may be able to participate in the upward trend.
Further Reading
- Marketing cooperatives and financial structure: a transaction costs economics analysis – onlinelibrary.wiley.com [PDF]
- Anatomy of a financial crisis – link.springer.com [PDF]
- Market response to financial reports – www.sciencedirect.com [PDF]
- An empirical comparison of published replication research in accounting, economics, finance, management, and marketing – www.sciencedirect.com [PDF]
- Good finance, bad economics: an analysis of the fraud-on-the-market theory – www.jstor.org [PDF]
- Financing constraints and internal capital markets: Evidence from Koreanchaebols' – www.sciencedirect.com [PDF]
- An economic analysis of a drug-selling gang's finances – academic.oup.com [PDF]
- Trends in park tourism: Economics, finance and management – www.tandfonline.com [PDF]
- Financial literacy and stock market participation – www.sciencedirect.com [PDF]
