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  • Digg it UP - Market Orders Are A No No

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    etails such as the price, and the symbol and you click over to your online brokerage.

    Right now XYZ is 50.25. But yo

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    Over the years we've said a hundred times or more, do NOT place a market order in the premarket. It's paramount to suicide, and it's just silly to do it. Why? Let me give you the set up:

    Like a TV commercial, you're laying in bed on Sunday night with your lap top on your tummy. You are looking at stock charts and news, and bingo, there it is! The ultimate buy! A great chart, coupled with some great news! This is going to make you rich you think. So, you jot down the important details such as the price, and the symbol and you click over to your online brokerage.

    Right now XYZ is 50.25. But you

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    , and it's just silly to do it. Why? Let me give you the set up:

    Like a TV commercial, you're laying in bed on Sunday night with your lap top on your tummy. You are looking at stock charts and news, and bingo, there it is! The ultimate buy! A great chart, coupled with some great news! This is going to make you rich you think. So, you jot down the important details such as the price, and the symbol and you click over to your online brokerage.

    Right now XYZ is 50.25. But yo

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    y night with your lap top on your tummy. You are looking at stock charts and news, and bingo, there it is! The ultimate buy! A great chart, coupled with some great news! This is going to make you rich you think. So, you jot down the important details such as the price, and the symbol and you click over to your online brokerage.

    Right now XYZ is 50.25. But yo

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    y! A great chart, coupled with some great news! This is going to make you rich you think. So, you jot down the important details such as the price, and the symbol and you click over to your online brokerage.

    Right now XYZ is 50.25. But yo

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    Don’t know about you but I really look forward to watching The Apprentice on TV each week. Because it almost always offers a lesson in online marketing.Take the recent episode where the two teams were charged by Th
    etails such as the price, and the symbol and you click over to your online brokerage.

    Right now XYZ is 50.25. But you're convinced that with this chart and this new, XYZ is going to 60. So, you put in a market order for 500 shares of XYZ and go to bed. You are dreaming of "money out the wazoo" and in the morning you confidently drive to work. At 9:30, you see that your intuition is correct and XYZ opens at 54.50! You're so excited because you know it's going higher. Or is it?

    Readers know that often the first 1/2 hour marks the high of the day for most stocks that gap up. Well, by giving your

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