We just want to emphasize the risk of
market order. When the darling of Wall
Street stock, Facebook, finally debuted on 5/18/2012, many investors were
afraid of missing the boat, and jumped in the stock at opening by placing
market orders. However, the stock
plummeted since then! It took almost 14 months to recoup the loss, and break
even.
During the same time period, the
NASDAQ gained 30%. You can make
observations from the next chart.
Thanks for your visiting and reading.
Have a nice day!
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