Newbie question: when you want to buy a stock for a long term investment, do you put in a limit order or just market order? Limit orders can be frustrating.

I always put in a limit order for 1% less than it's current value, especially if its shot up recently. Sometimes 2 or 3% if it really took off recently.

Sometimes it works. Sometimes it's so frustrating cause you just watch the stock take off moving further away from your limit order.

Submitted March 08, 2018 at 03:28PM by explore__ http://ift.tt/2HkLEVc