buying and selling question

whodamen123 said: "Hello Everyone, I love this sites its the best but I got a small question about selling and buying: everytime you want to buy do you need to wait for a seller to offer what I'm looking for if I use the option limit? and if I put in the option market price will I get a stock right away or do I need to wait until someone set thire price and sold it to me? and I my other question is the same but in selling I get it all but thats my olny thing I was wandering so I won't make a mistake. thank you very much."

HappyHarry said: "Hello, You got it. You set the limit and then someone has to sell it to you at that price."

whodamen123 said: "[QUOTE=HappyHarry]Hello, You got it. You set the limit and then someone has to sell it to you at that price.[/QUOTE] Hello, and how about with market price option is it the same?"

AlfredSokol said: "A market order can execute at any price. It means you will accept the first available offer. It can be very dangerous with a fast moving stock!"

whodamen123 said: "[QUOTE=AlfredSokol]A market order can execute at any price. It means you will accept the first available offer. It can be very dangerous with a fast moving stock![/QUOTE] thank you very much for your help just one more so it dangerous just wandering if it stays at that price for 5 mins its a risk that I might get it or might not becuase I will olny get the stock from someone who is selling it? not from the company or something like that"

AlfredSokol said: "Yes, that's the risk. Anyone can step in on the other side of the trade, and your account will accept the trade! The limit order stops that."

whodamen123 said: "[QUOTE=AlfredSokol]Yes, that's the risk. Anyone can step in on the other side of the trade, and your account will accept the trade! The limit order stops that.[/QUOTE] thank you for all your help and explaining to me about that. and just to be right selling is the same :)"

AlfredSokol said: "No problem. Yes, its the same for buying and selling. Use a "limit order" to ensure exact pricing."