I was planning to try and go for the win with buying, like, a lot of greeshift stocks for 0.0001. But the minimum price is 0.01.
I've decided to throw my lot with Medical Marijuana for an extremely high-risk run.
Here's some advice before I go bankrupt and lose all credibility:
Instead of having an order type of market, you should try to use an order type of limit.
They're practically the same, but limit orders are much safer.
For example
1.)
You have 100 stocks of X stock last sold for 10 moneys
It looks like a good time to sell so you put up a market order for selling X
Shenanigans happen at night and stock X opens at 4 moneys
You end up selling your stock for 4. Getting screwed.
2.)
You have 100 stocks of X stock last sold for 10
You put up a sell order with a limit of 9.
Shenanigans happen and the stock opens at 4.
You don't sell your stock since it's below the limit.
Later on the day it goes up to 9.
You sell the stock, since it's within the limit.
You can also use it to buy with maximum prices.
Market transactions are more convenient for the non-existant broker, but are much riskier for you. So I heavily suggest going with limit orders. Sure, having stricter limits makes it less likely for the order to push through, but if you're getting screwed, then you don't want the trade anyways! Plus, you can always try to move the stock later.
And please drop me from the forum tally.
