Market Order vs. Limit Order

If you’re buying a low-volume stock, always place a limit order. Look at Friday’s IDWD chart (from Yahoo Finance). There were only 50,000 shares traded. Right around 1pm some poor sap placed a market order and overpaid 12%. See that spike? Somewhere out there, a rookie is crying.

Market Order vs Limit Order


9 Responses to Market Order vs. Limit Order

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