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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: SE who wrote (34026)9/17/1999 2:46:00 PM
From: peter n matzke  Read Replies (2) of 44573
 
imo if there is another contest, several rule changes should be made:
unless the order is standing order placed well before the market reaches the specified price

buys must be at ask
sells must be at bid

fast market conditions, need to have some other rules. more slippage etc.

contestants must identify current position, to help clarify the intent of the order.
specific terminology must be used or the order will not be considered executed
Buy to Open
Sell to open
Buy to close
Sell to close
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