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Gold/Mining/Energy : T.ITE: iTech Capital (TSE)
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To: Far Side who wrote (2905)12/6/1999 8:52:00 AM
From: Sapper  Read Replies (2) of 5053
 
Jim, just to clarify.....

<once you set a SL order it then immediately becomes a market order>

this is only true if you do not specify a limit.....so in your example, if you had a SL order in at 1.25 with a limit of say 1.20, then your order would remain on the books until an offer comes in at a minimum of 1.20

You should instruct your broker accordingly <ggg>
Good luck
Sapper
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