sri-srikanth / SriBot

A trading bot that aims to maximize portfolio returns by rebalancing and tax-loss harvesting
0 stars 0 forks source link

Only use limit orders #17

Open sri-srikanth opened 8 months ago

sri-srikanth commented 8 months ago

Market orders tend to be filled pretty much instantaneously but do not guarantee a fair or predictable price all the time due to the bid-ask spread.

To avoid this and ensure predictability, use limit orders instead. This will sacrifice some execution speed but may be safer and more correct overall.