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A market order offers the advantage of executing a trade quickly at the current market price, ensuring immediate entry or exit from a position. However, its disadvantage lies in the potential for price slippage, where the execution price may differ from the expected price due to market fluctuations, especially in volatile conditions. Additionally, market orders do not provide control over the execution price, which can be a risk for traders seeking specific entry or exit points.
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What are some disadvantages of the Market Economy?
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