xninjagrrl asked:
so I just want to mess about with my firstrade account…i found this penny stock that currently has a bid cost of .07 and an ask of .13
firstrade says i can only place this as a limit order (not market order simply because it is OTC BB)….so ought to i place it as a limit order or quit limit order? im not certain what the difference is, i’ve googled it and it is confusing…im thinking perhaps i ought to just stay away from limit orders altogether as it doesnt appear there are any guarantees I will be able to sell the shares..perhaps I am wrong about this, thanks
