All Clowns Must Be Destroyed Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : All Clowns Must Be Destroyed

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jack of All Trades who wrote (5351)	1/31/2000 12:57:00 PM
From: IceShark	Read Replies (3) of 42523

Jeff, you are still missing my point. A regular stop turns into a market order once a trade occurs at or beyond your stop price. So the game is to run the stop and gap so the fill is way beyond the stop. To avoid this you have to enter a stop limit order which specs a price limit to the fill. Example is a long sell stop at 50, but don't fill the sell lower than 49. Few people know about this little tidbit. Of course if the stock is really moving in a legit fashion on news, having that limit feature on a stop will leave you in the dust unfilled.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next