2 ms·
Well, if you receive your shares at the limit price, it hardly matters to you, does it?
by samontar 8y ago
Well, if you receive your shares at the limit price, it hardly matters to you, does it?
- Ilverin 8y agoIf a Robinhood user thinks they are getting the wrong prices when they buy or sell, then they should seriously contact the SEC because that is illegal (as far as I know the prices aren't wrong). The reason guaranteed small-scale trade orders are valuable is because they are a way to avoid 'salami tactics' which involve slowly building up to a large order. By the end of a larger order the price will have moved, and the earlier 'sliced' traders will be disappointed.
- justinsaccount 8y agoAsk a few Robinhood users what the difference between a market order and a limit order is...