http://blissfullydomestic.com/2008/limit-orders-vs-market-orders Your Life. Your Bliss. Sun, 22 Nov 2009 01:58:25 -0500 http://wordpress.org/?v=2.8.6 hourly 1 http://blissfullydomestic.com/2008/limit-orders-vs-market-orders/comment-page-1#comment-12365 Emily@remodelingthislife Mon, 27 Oct 2008 12:03:36 +0000 http://blissfullydomestic.com/?p=10164#comment-12365 The only piece of investing advice I was given when I started investing in the stock market was to ALWAYS only place limit orders. If I really want a stock, I will go back and change my price. But I want to control what I am paying and not find out later that I paid twice what I wanted to. I have had open orders for weeks. But part of the investing game, to me, is to decide what you think a stock is worth, put in for it and only pay that. Otherwise I get caught up and pay more than I should and that's not how it should work because then I'm not making money. Having a plan for buy and sell prices and knowing what price I want to buy and what price I am going to sell is key for me to feel like I have some control over my investments. The only piece of investing advice I was given when I started investing in the stock market was to ALWAYS only place limit orders. If I really want a stock, I will go back and change my price. But I want to control what I am paying and not find out later that I paid twice what I wanted to. I have had open orders for weeks. But part of the investing game, to me, is to decide what you think a stock is worth, put in for it and only pay that. Otherwise I get caught up and pay more than I should and that's not how it should work because then I'm not making money. Having a plan for buy and sell prices and knowing what price I want to buy and what price I am going to sell is key for me to feel like I have some control over my investments.

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