At Best

  

Categories: Trading, Managed Funds

It's a trading term. Like "at best price" or "best terms" or "best value for my client to whom I owe a fiduciary obligation to treat them well in the fashion of the principal-agent rule". So "at best" might mean the best price. It might mean the best volume...i.e. the client wanted 14 million shares at $21 or better. You bought them 1 million at $20 but then the stock went to $25. That was not "at best".

The term has nothing to do with where you go to get giant flat screens.

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Finance: What Does "Away from the Market...3 Views

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finance a la shmoop what does away from the market mean? limit orders that's what

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this one's about you want to buy a hundred shares of amazork the finest [Person on computer looking at amazork]

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seller of werewolf catching nets on the web but you don't want to pay more than

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a grand a share for them and those shares are volatile, on days when there's

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a full moon the stock shoots to 1,200 on days when the moon barely shows up the

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stock often craters to right around a thousand so you put in your limit order

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which is away from the market... Amazork is trading at $1,187 a share

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this moment thanks to a half moon and you think it'll be two thousand dollars [Line increasing on graph of Amazork shark price]

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a share in five years if what all those crazy astronomers are saying actually

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holds water well but you want to be able to buy it at the right price you'll feel

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like an idiot if you just pay 1,187 and then three months from now it's at 998

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and you overpaid by 20-ish percent so you put in a limit order that is away [Man discussing limit orders]

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from the market and note that away from the market can also work on a sell order

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that's higher than market and you think about that for when the stock gets to

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2000 so you wait and you wait preferably indoors and you know away from any open [Woman sitting by window and werewolf appears]

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windows

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