Based on your financial expertise, provide your response or viewpoint on the given financial question or topic. The response format is open.

Would it be considered appropriate to use a market order for my very first stock trade?
A few of the answers are spot on but here's another thing to consider: the type of trade. For example, I sometimes day trade stocks with momentum where the stock price is spiking relatively fast. A limit order in this situation may never get filled and you will miss out on the trade. A market order will get you filled but you mostly likely pay more than your limit order. However you are now catching the wave up.  Overall, using a limit or market is relative to your trading style and the type of trade. I always prefer to use a limit buy order.