Followers
Thursday, March 6, 2008
Question: Market VS Limt Orders???
All i have to say is it depends...When i trade something that's thinner in nature or with a wide spread between bid and the ask, (i.e. SRS, SKF, FXP, ISRG, MA, FSLR), then i will always enter/exit using limit orders and going into these names with market orders is literally like handing your money to the market makers and saying "please screw me now!" You always get shitty execution and you will enter a losing trade right away. For stocks that are very liquid like AAPl, RIMM, CSCO, etc, i would enter using market orders as the spreads are usually pretty close and you won't be 'screwed'. But I pretty much always enter and exit using limit orders. Enter/Exit at your own terms NOT the Market Maker's terms.
Subscribe to:
Post Comments (Atom)
Blog Archive
-
▼
2008
(607)
-
▼
March
(62)
- Stewie and Brian having a great discussion: OVER.
- Bo Yoder NewsLetter
- Trades I'll Be Looking For Next Week: My Way Of De...
- Sector Charts: Gold/Silver/Crude Look Especially Weak
- Market Monk Doing His Nightly Research
- Expecting A Big Down Leg To Start Very Soon
- Chart Of The Week.
- EXM Setup
- Trading The 1 Minute Charts today.
- Sell Signals: Expecting Weakness
- Holy Grail Revisited
- One Setup To Watch: CROX
- A Lot Of the Stock Setups I posted EXPLODED today:...
- Alan Farley From www.hardrightedge.com says:
- Bo Yoder NewsLetter
- Stock Setups Galore: The Last Time I saw This Many...
- Casino Stocks Setting Up
- Jim Rogers: The FED is Nuts!
- Another Visit From Our Dear Friend Mr. VIX: He Loo...
- If You Are A Trader/Investor: YOU MUST READ THIS!...
- For The Wine Lovers
- Short Setups
- Hot Chick Streaker Interrupts US Soccer Match
- Stock To Watch Tmrw.
- MA Setting Up: VISA IPOing Wednesday
- Update of The GS Chart
- Listen To My Interview With Tim Bourquin From Trad...
- You Know You Are Near Capitulation Levels When...
- NO CHARTS TONIGHT! WHY? Because They Won't Matter.
- Boys Night Out: Cowboy Steaks!
- VIX breakout soon??!!
- SKF Update
- BIG Move Coming
- Jon Najarian
- Bulls Made A Serious Stand After a Very Nasty Ope...
- Stock Long Setups
- Bears Wasted No Time: Very Impressive !
- Stock To Watch
- Stock Long Setups
- HUGE Technical Win For The Bulls Today
- You Know What They Say About The Third Tests, Right?
- VIX Analysis By Schaeffer's Research
- Double Headed Oil Monster
- Deepest Recession Since Great Depression?
- No title
- Short Setups
- Thoughts on the Markets: Bear Markets
- Question: Market VS Limt Orders???
- Thanks for the Heads Up Market Monk
- XBD 60 min. chart
- Teddy: Sorry It Took So Long But Here's My Watch List
- Bo Yoder's Newsletter
- Patterns and Setups By Linda Raschke
- GS Monthly Chart: Would You Short This Stock Here?
- Chart of The Day: Watch This Setup Closely
- FXP Setup Update
- COIN: Setup To Watch Tmrw
- Choppy, Directionless and Undecisive Market
- VIX Breakout : FXP Setup
- When You Are Hot, Keep Trading. Video By Leavitt B...
- I Have Posted This Before But Always Worth Reposting
- After a Decent Corrective Move Up, The Bears Are B...
-
▼
March
(62)
Cool Traders/Sites
- ART OF TRADING Premium Site
- Charting Trends blog
- Denarii
- Finance Trends bog
- It's Gold
- Keep Unread Blog
- LaserTrader
- momentum trader
- My Trader Interview
- Mystic Stocks
- NYC Trader
- Rant About It Blog
- stock rook goes pro
- Stock Virtual
- StockPursuit.com
- The Market Guardian
- thecrosshairstrader
- Todds Trade
- trader market blog
- Trader9999 blog
- Trading Momentum blog
- Trading With Average Jay
- Wall Street Warrior
1 comment:
good call stewie, this post helps me alot! i got screwed the other day on a trade on a thin stock with a market order... dumb :)
-dan
Post a Comment