Entries & Exits

Market Orders

Market orders are helpful if you want to enter a trade quickly because they immediately execute at the best possible price. However, we don't suggest using market orders when trading, as they may include a wide range of prices, depending on the security’s liquidity.
Market Orders
Kirk Du Plessis
Apr 19, 2021

Market orders are trade orders that are placed at the next available market price. We never suggest using these orders as a general course of business because the next price could be dramatically higher or lower than you might be willing to accept. Therefore, we always suggest using limit orders.

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Limit on Close Orders
Limit on close orders enable you to exit trades for a specific price at the end of the trading day. There are pros and cons to using limit on close orders.

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