Market v Limit orders for Retail Independent Investors.. in SIRI
We have been run into the ground.. Flash Traded by the billions of shares in Short Order,
and Head Faked beyond Reason..
Being that we cannot make limit orders in Fractions of a cent..
Your Market orders CAN fill in fractions.
Here's how it goes:
Buy in Market is filled on the Higher Fraction of the cent on the current ASK.
Same thing on the Sell, your Order will go to the higher BID side.
Limit, will only go to the Level you put your order in for.
K r 00 ks ( yahoo wont let me type the word properly, why, i have no clue)
make a fortune in their exchanges by sniping a half penny on our orders. Over and over in the Millions of shares every day.. they Profit off the programs unregulated system