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

This entry was posted on Tuesday, December 19th, 2006 at 8:46 pm and is filed under Stock Coverage. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Responses to “Market Order vs. Limit Order”

  1. Prearorie Says:
    October 26, 2008 at 12:58 pm | Reply

    Emm.. Do you have any suggestions about my fantastic plot Nice joke! Why is a turkey more evil than a chicken? Because a turkey is always a gobblin (a goblin)

  2. Charmain Cooper Says:
    February 1, 2010 at 6:23 pm | Reply

    Hello. Great job, if I wasn’t so busy with my school work I read your total site. Thanks!

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