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Only place limit orders. If you place a market order you will absolutely get a bad execution price on Robinhood.

• le_didil 6y ago
  aha i see. thanks
• nickpeterson 6y ago
  To add to this, the swing is really wild. I’ve been tinkering with crypto trades manually through the app to get a hang for it, and limit orders still only tend to go through after you’re a few cents away from the market price, but if you naively do a market buy it will be 50-60 cents off in the wrong direction.
  • solaarphunk 6y ago
    You’re crossing the spread
  • smabie 6y ago
    You're taking instead of making with a market order, the fees are higher and the execution is worse.