Re:Companies hide negative news through unrelated press rele...
by sokoloff on Wednesday May 10, 2023 @01:59PM
(#35890955)
I'm a retail investor. I think I've entered fewer than 2% of my orders as market orders. I rarely want to take a price and give up the full spread. I doubt I'm alone.
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Re:Companies hide negative news through unrelated press rele...
by n2d4 on Wednesday May 10, 2023 @02:22PM
(#35891284)
If you're a maker (which is not necessarily the case with limit orders), then there is a slight potential for adverse selection, but that's exactly what the spread compensates you for. If you don't want that, I'd recommend sticking to being a taker and paying the spread, for example using market or IOC limit orders.