Re: buying stocks (market order vs limit order)
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The ticker refers to the last sale price. If you like that price, place a limit order at that amount. If you want to try to get a better deal, try placing a limit order half way between the bid and the ask and hope someone bites.
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Almost 100% of the time half way between the bid and the ask is going to be pretty damn close to the ticker, if not exactly the ticker.
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