Q: Hi,
When placing orders, do you have a strong opinion regarding limit vs market orders? I almost always use market orders and have never had any surprises...even with odd lots. I use BMO Investorline. I read something recently about flash events that can cause very brief dramatic price sings that could theoretically cause some significant surprises. Am I exposed when I use market orders? Would my broker have any built in protection? Thanks.
When placing orders, do you have a strong opinion regarding limit vs market orders? I almost always use market orders and have never had any surprises...even with odd lots. I use BMO Investorline. I read something recently about flash events that can cause very brief dramatic price sings that could theoretically cause some significant surprises. Am I exposed when I use market orders? Would my broker have any built in protection? Thanks.