Re:Robinhood Gets Almost Half Its Revenue from Bargain with ...
by mikestew on Monday October 15, 2018 @08:32PM
(#18225408)
I don’t even know that you can put a limit order on mutual fund purchases. My gut tends to doubt it, but I’m too lazy to go try.
Regardless, I’ve traded for decades and on high-volume stocks (which are the ones you’re likely to trade), putting limit orders in is a waste of effort. For some folks, it’s important to save a few cents. For you, not so much. Different story on penny stock or < 100K/day in volume, but if you’re buying AAPL just put a market order in.
Regardless, I’ve traded for decades and on high-volume stocks (which are the ones you’re likely to trade), putting limit orders in is a waste of effort. For some folks, it’s important to save a few cents. For you, not so much. Different story on penny stock or < 100K/day in volume, but if you’re buying AAPL just put a market order in.