facebookWhen you buy stocks, do you prefer to use the market or limit order? Why? - Seedly

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Anonymous

11 May 2021

Stocks

When you buy stocks, do you prefer to use the market or limit order? Why?

What are the pros and cons of both?

Discussion (1)

What are your thoughts?

Tan Choong Hwee

Tan Choong Hwee

11 May 2021

Level 13·Investor/Trader at Home

If you are investing long term and satisfied with the current ask price, use market order to ensure you get into the stocks you want to buy.

If you are only willing to buy at a lower price than the current ask price, then use limit order to buy at your desired price.

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