I have found that the signals sometimes come right before a slight correction. Are some folks using limit orders to avoid buying at an inopprotune time?
I use limit orders when I want to scale into a larger position, or in an effort to reduce my overall cost basis. Limit Orders represent a two edged sword. Sometimes, you enter at a better price when using Limit Orders, but in faster moving markets, the train often leaves some of the passengers behind (missed fills as the market moves away).
Related Questions
- A supplier is suggesting that, for orders between the Identified User Call-up Limit and $400K, PWGSC must process the order as an Elevated Call-up. Is this correct?
- I have found that the signals sometimes come right before a slight correction. Are some folks using limit orders to avoid buying at an inopprotune time?
- Do you avoid buying a symbol if the general market indicators don look right on a particular day, even if the above conditions are all true?