What is a Market Order?
Swing Trading. Stock Trading. Stock And Option Trading.
A market order is the easiest way to buy stocks. Market orders will simply tell your broker to buy or sell your stock at a price the stock is trading at. This is true regardless of the price of the actual stock.
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The disadvantage of market orders is that you have no control of the price you get into a stock. If the stock gaps big, either up or down the price you get into a stock may be very far from the price you actually wanted to get into the position at.
However those who use market orders just want to enter a stock at whatever price it is trading at. If you are truly believe the stock is heading up the possibility of getting in a few pennies from where you wanted to can be insignificant.
Getting into to the stock that you believe will make a big move can be more important than worrying about what price you get filled at. This is the benefit a market order can give you.
More Stock Orders


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