Reply to @LevelUp : got same experience b4. accidentally put market order for an illiquid us stock, then buy at day high cos got one fella placed a high ask price. lucky him.
It work for SG "easily" because it is not volatile, but again it is "not that good" to trade compare to US side(I do placed limit order and/or market order at US market however.)
Tried market order once on a running stock .. end up getting filled at the intra-day high lol
Usually just use limit order, or just wait for price to reach the desired price first before buying/selling directly off the queue.
Reply to @LevelUp : got same experience b4. accidentally put market order for an illiquid us stock, then buy at day high cos got one fella placed a high ask price. lucky him.
It work for SG "easily" because it is not volatile, but again it is "not that good" to trade compare to US side(I do placed limit order and/or market order at US market however.)
Reply to @Snorlax : Ya us market more volatile. Limit order sometimes cannot fill cos boat leave very fast.
Sg broker order types very limited