market-if-touched (MIT) order
- An instruction set to buy or sell at market prices when a specified price is hit, with a sell MIT being above the market prices and a buy MIT below
- The broker made a profit using a market-if-touched (MIT) order once the price hit the desired mark.
- He placed a market-if-touched (MIT) order below the current rate, speculating a dip in prices.
- To control her losses, she utilized a market-if-touched (MIT) order above the current market price.
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