Anonymous

11 May 2021

∙

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

What are the pros and cons of both?

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Tan Choong Hwee

11 May 2021

Solutions Specialist at Providend

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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How do you buy your stock on the US stock exchange? Do you set alerts and put in orders? Or do you buy at market value?

My stock order was partially filled using GFT limit order. What will happen to the unfilled orders as it is not refunded back to my MCA?