tag:blogger.com,1999:blog-1797814728390014124.post2405276282859387903..comments2008-07-16T21:50:21.702-07:00James Kriegerhttp://www.blogger.com/profile/11922537744815539996noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-1797814728390014124.post-43326998149998957882008-07-16T21:50:00.000-07:002008-07-16T21:50:00.000-07:00True, but isn't there a danger in placing market orders that you could end up with a price wayyyy outside of what you were looking for?<BR/><BR/>For example, when I played UVSE and was watching it, there was this instant where the market price was at 2.5 cents and suddenly there was this huge sell at 1.8 cents that lasted for a second, and then the market price came back to 2.5 cents. Some of the traders on Investorshub saw it too, and thought that someone may have put in a market order and got burned.YngvaiMalmstevehttp://www.blogger.com/profile/11922537744815539996noreply@blogger.comtag:blogger.com,1999:blog-1797814728390014124.post-44933032000913625712008-07-16T21:07:00.000-07:002008-07-16T21:07:00.000-07:00The lesson here is to always place a market order in stead of a limit order. Why quibble about a few cents when the stock is gaining dimes? Muddy has spoken of this on the blog I believe.johnnyventonoreply@blogger.comtag:blogger.com,1999:blog-1797814728390014124.post-25245118994149054842008-07-14T08:12:00.000-07:002008-07-14T08:12:00.000-07:00You're right! haha It does work both ways!YngvaiMalmstevehttp://www.blogger.com/profile/11922537744815539996noreply@blogger.comtag:blogger.com,1999:blog-1797814728390014124.post-87994357368180111522008-07-14T00:10:00.000-07:002008-07-14T00:10:00.000-07:00I live your quoted title "How slow OTCBB execution cheated me out of $400"<BR/><BR/>As I recall, slow OTC execution saved you from entering QMNM.OB at 0.04? Perhaps it works both ways...:) Looking forward to QMNM and USVE this week thoughAnonymousnoreply@blogger.com