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Stock Scalper (77)

Market or Limit: which should I use for 1-Tap?

  • Market fills right away, at the best available price. You have no price control, so slippage is possible, but the fill is guaranteed, subject to liquidity. It suits liquid large-caps and breakouts.

  • Limit fills only if the price reaches your limit. You have full price control, but there’s no fill guarantee. It suits stocks with wider spreads, and mid and small caps.