When you buy or sell stock online, you can do this as a market order or as a limit order. (Yes, there are even more sophisticated ways, but for now this will do.)
Market Order: Buy or Sell at the price that the market allows at that moment the order is placed.
Limit Order: Do not buy or sell UNLESS the stock reaches this limit price. Do not pay more or sell for less than this limit.
Honestly, I've bought and sold both ways.
Showing posts with label market order. Show all posts
Showing posts with label market order. Show all posts
Friday, January 21, 2011
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