price that is undervalued<\/a> without having to monitor the market regularly.<\/p>\n\n\n\nHow to Use MIT Orders<\/h2>\n\n\n\n
MIT orders are intended to generate profit from quick, unexpected price changes. Along with limit or stop orders, MIT orders are perfect for covering any situation in which you could want to purchase or sell a share depending on trigger prices.<\/p>\n\n\n\n
Before a short-term trader takes a long position, they wait for prices to reach a key support level. This can be done by placing MIT buy orders at the support level, which will cause a market purchase order to be sent as soon as the price hits the support level. <\/p>\n\n\n\n
A long-term investor might be watching for prices to fall to a point where the asset is undervalued. When the price hits that level, they opt to trigger market buy orders by placing MIT orders at that price.<\/p>\n\n\n\n
Both strategies are advantageous for people who might not always be available to execute trades or handle several opportunities. Be careful, though, as there is no market order that is not vulnerable to slippage, which is when you receive a different price than anticipated for an order.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":510035,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_stopmodifiedupdate":false,"_modified_date":"","ub_ctt_via":"","_important_terms":"","inline_featured_image":false,"_uag_custom_page_level_css":"","advgb_blocks_editor_width":"","advgb_blocks_columns_visual_guide":"","footnotes":""},"categories":[225],"tags":[],"table_tags":[],"featured_image_src":"https:\/\/www.publicfinanceinternational.org\/wp-content\/uploads\/market-if-touched-MIT.jpg","author_info":{"display_name":"Ziga Breznik","author_link":"https:\/\/www.publicfinanceinternational.org\/authors\/"},"acf":[],"author_meta":{"display_name":"Ziga Breznik","author_link":"https:\/\/www.publicfinanceinternational.org\/authors\/"},"featured_img":"https:\/\/www.publicfinanceinternational.org\/wp-content\/uploads\/market-if-touched-MIT-300x188.jpg","uagb_featured_image_src":{"full":["https:\/\/www.publicfinanceinternational.org\/wp-content\/uploads\/market-if-touched-MIT.jpg",1600,1001,false],"thumbnail":["https:\/\/www.publicfinanceinternational.org\/wp-content\/uploads\/market-if-touched-MIT-150x150.jpg",150,150,true],"medium":["https:\/\/www.publicfinanceinternational.org\/wp-content\/uploads\/market-if-touched-MIT-300x188.jpg",300,188,true],"medium_large":["https:\/\/www.publicfinanceinternational.org\/wp-content\/uploads\/market-if-touched-MIT-768x480.jpg",768,480,true],"large":["https:\/\/www.publicfinanceinternational.org\/wp-content\/uploads\/market-if-touched-MIT-1024x641.jpg",1024,641,true],"1536x1536":["https:\/\/www.publicfinanceinternational.org\/wp-content\/uploads\/market-if-touched-MIT-1536x961.jpg",1536,961,true],"2048x2048":["https:\/\/www.publicfinanceinternational.org\/wp-content\/uploads\/market-if-touched-MIT.jpg",1600,1001,false]},"uagb_author_info":{"display_name":"Ziga Breznik","author_link":"https:\/\/www.publicfinanceinternational.org\/authors\/"},"uagb_comment_info":0,"uagb_excerpt":null,"coauthors":[],"tax_additional":{"categories":{"linked":["Knowledge Base<\/a>"],"unlinked":["Knowledge Base<\/span>"]}},"comment_count":"0","relative_dates":{"created":"Posted 1 year ago","modified":"Updated 1 year ago"},"absolute_dates":{"created":"Posted on October 10, 2022","modified":"Updated on October 10, 2022"},"absolute_dates_time":{"created":"Posted on October 10, 2022 1:38 pm","modified":"Updated on October 10, 2022 1:38 pm"},"featured_img_caption":"","series_order":"","_links":{"self":[{"href":"https:\/\/www.publicfinanceinternational.org\/wp-json\/wp\/v2\/posts\/510034"}],"collection":[{"href":"https:\/\/www.publicfinanceinternational.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.publicfinanceinternational.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.publicfinanceinternational.org\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.publicfinanceinternational.org\/wp-json\/wp\/v2\/comments?post=510034"}],"version-history":[{"count":1,"href":"https:\/\/www.publicfinanceinternational.org\/wp-json\/wp\/v2\/posts\/510034\/revisions"}],"predecessor-version":[{"id":510036,"href":"https:\/\/www.publicfinanceinternational.org\/wp-json\/wp\/v2\/posts\/510034\/revisions\/510036"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.publicfinanceinternational.org\/wp-json\/wp\/v2\/media\/510035"}],"wp:attachment":[{"href":"https:\/\/www.publicfinanceinternational.org\/wp-json\/wp\/v2\/media?parent=510034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.publicfinanceinternational.org\/wp-json\/wp\/v2\/categories?post=510034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.publicfinanceinternational.org\/wp-json\/wp\/v2\/tags?post=510034"},{"taxonomy":"table_tags","embeddable":true,"href":"https:\/\/www.publicfinanceinternational.org\/wp-json\/wp\/v2\/table_tags?post=510034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}