Market Order Vs. Limit Order And When To Use Them - Bankrate
The "best" order type for buying stock depends on whether you prioritize (immediate execution) or price control (paying exactly what you want). what order type to buy stock
: Best for price protection. You set a maximum price you are willing to pay; the order only executes if the stock hits that price or lower. Comparison of Primary Order Types Market Order Vs
: Best for immediate execution. You buy the stock right away at the current "ask" price, regardless of what that price is. regardless of what that price is.