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Strategies & Market Trends : DAYTRADING Fundamentals

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To: wallstreeter who wrote (2998)8/17/1999 8:23:00 PM
From: Cormac  Read Replies (1) of 18137
 
Wallstreeter -

Let me ask you a question - what is your plan for exiting a stock if heaven forbid (really don't know how actively heaven is watching Level II and Time and Sales) ;) that a stock you have entered is going against you and is dropping like a stone (if long) or skyrocketing (if short)...how are you going to exit, how are you going to stop the bleeding, with what kind of order? and do you know what actually transpires with your order, where it goes first, second and so on...and for how long?

streeter, am not begging the question...am taking the kids to the park...they are getting anxious, will get back with you later to-nite.

Cormac
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