A good book (limit vs market)

No worries, hope it helps. Just make sure you have routing enabled.

 

thanks will do.

after I read that I felt like the guy in the southwest commercials... "WANNA GET AWAY...."

 

i dont remember the last time i got a price improvement on a limit order routed NYSE

 

Of course the spread crossing nature of a market order leads to statistical losses. For that reason high frequent traders that are trading with market orders are fast out of the game. The Provider of liquidity gets a kind of statistical risk premium. Limit orders are liquidity providing.