Glossary
/Market Order
What is a Market Order?
You don't care about the exact price; you want the trade executed right this second. You tell your broker to buy or sell at whatever the current going rate is on the exchange. It guarantees immediate execution, but there is a hidden trap called slippage. In a highly volatile stock, the price might jump by ₹5 between when you click the button and when the order actually goes through. Beginners usually use this by mistake and end up paying way more than they expected.
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