The answer to whether you should use a market order or a pending order depends on the situation. For instance, if you know you won’t be around to execute a position, a pending order is probably the way to go.
On the other hand, if you’re at your computer when a setup is confirmed, there’s nothing wrong with using a simple market order to enter long or short.
With that said, the type of order you use also depends on your style of trading.
I know of some traders who are flat out opposed to market orders because they feel there’s too much that can go wrong when entering at market such as slippage which we’ll cover momentarily.
Daily Price Action
Daily Price Action 43836 Laburnum Sq Ashburn, Virginia 20147 United States (240) 778-3679
If you need current information on the forex market in nigeria and Authentic Pool information, then consider visiting this site again.
Nomie Autos Bonanza: get 30% discount on any car you buy; hurry, offer exists while stock lasts.
Follow us on twitter @newsbeatportal
Engage #SantexTech today to build & install inverters, training on inverters & other electronic designs, projects/kits. Call 08039574535
Click to join Talk Nigeria Today, a group where hot, controversial, and breathtaking issues are brainstormed upon.