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Strategies & Market Trends : DAYTRADING Fundamentals
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To: sam who wrote (4430)9/26/1999 10:54:00 AM
From: Threei  Read Replies (1) of 18137
 
sam,
your broker is right. There are rules defining erroneous trade that ought to be broken. If I remember correct, trade executed more than one point away from current market is considered erroneous. Buy instead of sell is another kind of mistake - noone can judge was it mistake or your decision to add to position.

You can find info about breaking the trade (how and when) surfing NASDAQ site and manual.

Regards,
Vadym
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