What is the difference between a limit and market order?
Think of a market order as paying the market price when buying or really selling a stock, meaning you would pay whatever price is necessary to get your shares.
Limit order
When it comes to a limit order, you get to specify the price you want to pay for the stock. You get favorable pricing, but you may not get filled with your order if your price is not met.
When should you use market order or limit order?
When do you use one of the other? Well, market order is great if you need to get into a stock right away, really fast, typically day trading, and you’re trading liquid stocks.
#marketorder #limitorder #investing #stockmarket #tradingmarket #stocktrading
Posted at: https://tradersfly.com/blog/difference-between-a-limit-and-market-order/
???? Newsletter & Announcements : https://tradersfly.com/go/tube/
???? Discord Group: https://tradersfly.com/go/discord/
???? Freebies: https://tradersfly.com/go/freebies/
???? Start Here: https://tradersfly.com/go/start/
???? Options Basics: https://tradersfly.com/go/start-options/
ONE-ON-ONE COACHING & MENTORING :::
? Coaching: https://tradersfly.com/go/coaching/
???? Options Mentoring (4+ Months) https://tradersfly.com/go/mentoring/
PRODUCTS ::::
? Courses: https://tradersfly.com/go/courses/
???? Books: https://tradersfly.com/go/books/
???? My Tools: https://tradersfly.com/go/tools/
???? My Equipment https://backstageincome.com/go/computergear/
???? SOCIAL MEDIA:
https://tradersfly.com/go/twitter/
https://tradersfly.com/go/facebook/
???? MY YOUTUBE CHANNELS:
TradersFly: https://backstageincome.com/go/youtube-tradersfly/
CriticalCharts: https://tradersfly.com/go/criticalcharts/
BackstageIncome: https://backstageincome.com/go/youtube-bsi/
MyLittleNestEgg: https://mylittlenestegg.com/go/youtube/
???? WEBSITES:
???? SOCIAL MEDIA:
https://tradersfly.com/go/twitter/
https://tradersfly.com/go/facebook/
???? MY YOUTUBE CHANNELS:
TradersFly: https://backstageincome.com/go/youtube-tradersfly/
BackstageIncome: https://backstageincome.com/go/youtube-bsi/
MyLittleNestEgg: https://mylittlenestegg.com/go/youtube/
???? ABOUT TRADERSFLY
Tradesfly is focused on me sharing my experience and knowledge about trading options. Although we include videos related to other areas of trading, the primary focus is trading options. If you are serious about learning to trade options for selling premium, creating spreads, be sure to subscribe to the channel and join our discord group.
???? DISCLAIMER
All of the stocks mentioned in this video along with any other videos we have are opinions and not investment, financial or legal advice. These videos are for general education, information, and entertainment. Do your own due diligence and consult with a registered financial advisor before taking any position since everyone has a different risk tolerance.
