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Re: EternalLife post# 49325

Monday, 03/08/2021 2:04:20 PM

Monday, March 08, 2021 2:04:20 PM

Post# of 81885
When you said a limit order, market makers can fill the order higher than the limit you set, but that doesn't happen often. And when it does it is typically only very slightly higher than the limit you set. So if you have set a $3 limit, and the stock suddenly explodes, as it ramps up to three dollars per share, your order would probably fill at $3. Then the stock would continue to ramp up higher. So there is a risk in setting limit orders if you're not watching the stock constantly.
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