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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium
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To: bigbuk who wrote (23831)11/5/1999 10:57:00 AM
From: Gary Payton  Read Replies (2) of 108040
 
disagree re: market orders. always use them, except in certain circumstances. caveats: need broker you can trust to give fast execution. also, even if you have a good broker, you MUST use an aggressive limit order if stock is moving fast and has small float (i.e. put in limit at 30 3/4 if ask is at 30 1/4). otherwise, market is quickest way to get filled.
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