Friday, February 28, 2014

Futures trading market orders

Many Futures traders have to make a decision of just how bad they want to get in or close out a market position. Sometimes the trader thinks that the market did not trade at their price targets and the price seems to be leaving without the trader making a profit. Some times a market might be making an adverse move against them and they want to place a very quick sell order. During these times of the thought process, a trader rarely thinks of the cost to use such an immediate type of order execution. These urgent types of orders are called market orders and can cost money.
Trading market orders