Limit Order Vs Market Order - Pros And Cons

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Limit order vs market order - pros and cons for traders and investors. Simply put, the market order is useful when you're trading a stock or ETF with high volume or if you don't care about the spread or if you're more concerned with getting your order filled than getting the best price. In contrast, the limit order helps you get the best price and is useful for investors and traders of stocks with low volume. Trade as necessary.

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