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Strategies & Market Trends : Shorting stocks: Mechanical aspects

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To: Geigartt who wrote (35)9/19/1997 10:18:00 AM
From: Q.   of 172
 
Geigartt, market makers and others can often see your limit. In fact you can see some (not all) of limit orders yourself online at isld.com.

If the stock price is close, someone can deliberately force a trade on you.

If you can watch your stocks all day long, or if you can get some kind of alert sent to you if a stock moves beyond a certain point, I don't think you need the limits for protection.

My own preference is to reduce risk by taking small positions, not big ones, and diversifying among several short positions. I do that rather than use limits.
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