Investing : Market Orders vs. Limit Orders Comments (0)
Most new investors place market orders which essentially authorize their broker to buy or sell a given security as soon as possible at the best available price. Their use of a market order instead of a limit order can result in paying more for a share than they expect or selling shares for less than they expect. The same investor could potentially save several cents a share by placing a limit order. Limit orders can be [ More.. ]