Buying using Market Orders

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I must admit I am new to the trading world and have just been using Buy rather than Limits as usually just buys close to market value.

Did the same today for VWRP but bought at a value about 3% higher then current value losing me around £100 instantly. Is this usual or just a newbie mistake that I should never click the buy button and always use limits

You didnt lose anything because you bought at the market price at the time of the trade.

There are different order types available that can help you to meet your trading strategy. You might find the article below worth a read.

www.trading212.com/learn/investing-101/order-types-for-stocks

There are numerous comments in this community about the price displayed. You are normally best using limit orders which will set the maximum price that you are willing to pay but the risk is that the order never executes because the price never goes below your maximum set in the order. The price displayed is not necessarily the buy price (it could be the sell price or something else). Read about bid/offer prices and spread.

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