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Strategies & Market Trends : DAYTRADING Fundamentals
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To: dunlurkin who wrote (5933)12/10/1999 4:51:00 PM
From: cloudless  Read Replies (2) of 18137
 
think twice about using a market order to sell short.

That's a really good point I didn't consider. I was fortunate. A quickly collapsing stock could easily bottom before an uptick.

So I would surmise the correct alternate would be to set a limit price that may not be right at the current market but a price that one would still be willing to go short and if the market hadn't hit that yet then one would receive the higher price.

Thank you, Cloudless
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