InvestorQ : How and when should I be placing market orders while trading?
Nikita Damle made post

How and when should I be placing market orders while trading?

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Neha Samdani answered.
3 years ago
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If you are an intraday trader or a short term trader, the cost of trading matters a lot. One of the ways to reduce your cost of trading is to place the right kinds of orders. Therefore the level of entry and exit must be properly timed. Normally, it is not possible to enter the bottom or exit at the top and that is where the order types come in handy. Based on your expectations and your requirements, the order type can help you get the best price. But placement of orders is not just about entry and exit levels. It goes beyond to also cover the type of orders you put and how you tweak it to the market conditions. While a market order is placed to be executed at the best available price and quantity, the limit order defines the price for execution. The limit order will only be executed if the price is the limit price or better, not otherwise. This is the most basic rule you need to follow.

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Purvesh answered.
3 years ago
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There are many types of orders which can be placed during trading hours in the Market such as limit order, stop-loss order, and others. A market order is also one such types where a user can buy/sell scrips at the current market price. It depends upon the Buyer/Seller available in the market. While placing a market order, the user must be very sure about the scrip name and quantity as the orders get triggered within a seconds.
Let's assume, there is a stock who likely to go uptrend in the market so in such case buying a stock through the market will help the user to gain profit. In the market order, there are chances of not getting the scrip as expected price!
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