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Investing in Stocks During the Market Crash
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[QUOTE="Suba, post: 253780, member: 3658"] Buy limit order means that the stock order that we will buy is pending order at a price below the current running price. and you will place a pending buy limit order at the price you have predicted and hope the price will reverse or move up. Buy limit orders will be of great help to intraday traders who are always looking for small quick profits on swing trades. But big investors (whales) often place buy limit orders at various price levels so they will get the best average price. But in my opinion there is no guarantee that the buy limit order will be executed, because the price will be able to roll back up before reaching the limit order. It also often happens that if you use a buy limit order you will be charged a higher commission by the broker. [/QUOTE]
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