RE: Limited auto execution
The more I watch Level 2 and time and sales go by, the more abuses I see. Hugh spreads, bad executions, 100 share lots, Loads of 1 sided trades, such as MM's buying in false morning dips and not selling. It happened to me even with LU on the limit down morning last week. Of course, market orders, as we all should know, are just stolen.
Stops are useless anymore, because after the first 1-200 shares, they become market orders. Brokers such as MASH (Schwab) never come near the bid or the Ask, yet execute all day long, literally printing money.
The more I see, the more I see why NITE, SCH, & EGRP are now trading at all time highs. The people in the know can see these profits dropping to the bottom line. |
