Originally Posted by
Bucking Bar
Careful with those. If its a bad day and the sell order is triggered, who knows what the market price will be when your trade is executed. Stocks typically go down a lot faster than they go up.
As well informed as you are, you would better be able to handle that trade manually and get out prior to the dip. I bet market orders have cost me $50,000 over the years.
I know that, and because of that it is higher than when I bought in. I only have it in when I am not near a computer, which basically is when I am flying.
I hate em too, and that is why I use them very sparingly. Nine times out of ten, I prefer to ride the dip.