Stop market orders here or I will just hit buy/sell @ the market to enter the trade.
For myself, the bottom line is to get into the trade......I don't want to get a partial fill and be "half in" in an attempt to grab a few ticks at a better price. On some swings, there might not be a second chance to get in.
I find that traders with conviction behind their setups tend to use market orders, but this also depends on the type of trading and market.
As someone else mentioned already, I will use limit orders a small percentage of the time (when trying to reach on a fill price) on exits...but this is bracketed with a market order that will trigger if the limit is not filled or a partial fill.
If you can keep your wits about you while all others are losing theirs, and blaming you....The world will be yours and everything in it, what's more, you'll be a man, my son. - Kipling
Last edited by BTR411; June 3rd, 2014 at 06:15 PM.
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