I bought and sold all my FTEL at Market and did fine.
Good for you.
Some Brokers are better with that, adn I have found FTEL is liquid enough to get the fills I need. Plus what is 1/16 anyway on a stock that will run $4.
What is 1/16 ? well let's see, on a 10,000 share order, it is:
$ 625.00 could pay for part of a commission. (depends on who you use).
But the question is not 1/16, in a volatile market, a market order exposes to undue risk, as it has been described.
Then again, I am not telling you what to do, that is not my style, someone ask specifically how they could avoid a specific answer, and I said how.
If you want to use market orders, that is fine by me, keep on trucking the way you best like it. |
