What is a Market Order?
Are you new to investing and have heard the term “market order” being used but don’t quite understand what it means? Look no further because in this short [What is a Market Order?] video 🎥, we will give you a quick and informative guide on what exactly a market order is. A market order is a simple instruction given to your broker to buy or sell a stock at the best available price in the market. In comparison to limit orders, which allow you to set a specific price, market orders are executed immediately. While they are convenient, they may not always get you the best price, especially in a volatile market. So, when should you use a market order? Typically, this type of order is used when you want to enter or exit a position quickly without waiting for a specific price. It is important to know how and when to use a market order as it can greatly impact your investment strategy. We hope this short [What is a Market Order?] video 🎥 has cleared up any confusion you may have had. Don’t forget to like, share, and subscribe to our BeachBum Trading channel for more valuable content. Thank you for watching!
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