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MIT vs Limit Orders

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So now with limit orders you see many times where the limit order causes you to miss a trade, or to miss exiting at the right trick.

The funny thing is that if you go to a different type of order, you'll be frustrated at different things. You'll now see the times where your target just gets hits, and you exit, but the price kept going, and you'll think about the tick in profit you "lost." Or you'll see your entry get filled, and instead of taking off without it, market collapses with you in it.

The lesson is that in the end the exact type of order won't be a make or break proposition. What you focus and dwell on will be.

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