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The Stock Market - Trading in Singapore |
Online trading education, and tutorial |
Today's Quote
It is not how much you make that counts but how much money you keep.
~Robert Kiyosaki
Basics about Orders - Table of Contents
Types of Orders: Market Order
Types of Orders: Limit Order
Types of Orders: Stop Order
Orders Validity: GTC Orders (Good Til Cancelled)
Orders Validity: GTF Orders (Good Til Friday)
Orders Validity: Day Orders
Orders Validity: Market Order
An order to buy or sell a stock immediately at the current price.
For example,
if the bid/ask price for share ABC is $2.50/$2.60 and you placed a market order to sell 1000 shares,
You will be selling your shares at $2.50
if the bid/ask price for share XYZ is $1.40/$1.50 and you placed a market order to buy 1000 shares, You will be buying th shares $1.50