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Strategies & Market Trends : Timing the Trade the Wyckoff Way

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To: Joe Highlander who wrote (13726)4/29/2015 10:12:49 AM
From: coferspeculator   of 14340
 
Hi Joe,

it's the computers and algorithms . . the stop loss triggers a market order and if there aren't enough buyers at one price, the next fill is usually at a lower price . . algorithms and computers adjust buy or sell orders in milliseconds . . there may be enough orders to buy all the shares you wanted to sell but those orders disappear in a millisecond if an algorithm the buyer is using determines there is heavy selling prior to a stop loss order triggers a market order to sell . .

this happened to me also . . there is a lot of selling at the time the order triggered . . be great if I could get the perfect fill but if I'm selling I can always reconsider buying . . . what I don't want to happen is being in a much worse position if I hadn't used some form of protection . .

my thoughts for what they are worth . .
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