Sifus, do you buy stock on market order or limit order ? I ordered some on limit order but it was not matched. Should I go for market order ? Can I definitely buy the stock using market order ?
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May 4 2020, 09:21 PM
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Senior Member
619 posts Joined: Jun 2009 |
Sifus, do you buy stock on market order or limit order ? I ordered some on limit order but it was not matched. Should I go for market order ? Can I definitely buy the stock using market order ?
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May 4 2020, 09:32 PM
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619 posts Joined: Jun 2009 |
QUOTE(Asus @ May 4 2020, 09:24 PM) Let's say if I want to buy 10,000 units, will all the 10,000 units be sold at market price or will it have different prices for each unit ? For example, market price is RM0.70, then will it be the same price for all the 10,000 units ? Or will be like this :First 2000 units = RM0.70 2nd 3000 units = RM0.73 last. 5000 units = RM0.75 |
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May 4 2020, 10:35 PM
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619 posts Joined: Jun 2009 |
QUOTE(Asus @ May 4 2020, 10:02 PM) i gave u example of Ekovest stock below.. Thanks bro for the clarificationthere is 847,000 available for you to buy at RM0.505..if you wanna buy 1,000,000 you will only matched at 847,000 the balance of 153,000 will then turn to left column become best buy at RM0.505 if someone sell his shares at RM0.505 for 200,000, you will be matched at all your remaining balance of 153,000 at RM0.505 but if no one sell his shares at RM0.505 price and price goes up, u will only get 847,000 unless u up your entry price to get the remaining balance 153,000 to match. please remember that your share price will be average out later. if u buy high you average price will be higher, if you buy low your average price will become lower. and when market close, your order will be cancel. you have to purchase again tomorrow at RM0.505 sen if its available. if you cannot brain this, i suggest just stay away from burning money in the stock markets. please attend some class or learn to trade out of the market using bursa marketplace something like that to learn first.. ![]() |
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