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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling

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To: t_w_b who wrote (752)5/18/2001 7:53:32 PM
From: Don Pueblo   of 6873
 
May I?

It's a very tough question to answer without knowing who your account is with and how they execute their trades.

I assume you understand how a stop-loss works...your stop-loss price is hit, and that turns your order into a live order. In other words, in this case, the first trade at 13.50 turned your order into a live order.

The question then becomes "How did I get filled .80 away from my stop-loss?"

There can be many, many reasons; the market is moving very fast, the trading is very thin, the spreads are huge, or your broker screwed up...or a combination of any of these.

(The "your broker was trying to help you out" option does not exist.)

Of course, you know to keep a record of all your trades.
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