In our SMBU Daily Video, learn what a marketable limit order is.
In this video, Andrew Falde shows you:
- The difference between a limit and market order
- How you can create a hybrid order that combines the benefits of both a market and limit order
- An example of a marketable limit order
- The upside and downsides of this order type
We hope this video helps you improve your trading skills.
– SMBU Team
*no relevant positions
One Comment on “Marketable Limit Orders”
Hi Andrew, another important situation when we can use this type of order is when we are scalping and we wanna hit the bid or the ask, but wanna avoid the hft balance. If we use a pure marketable order and they do some cancellation, we hit a worse price. Very good video.