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Strategies & Market Trends : A Simple List of General Do's & Dont's of Trading:

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To: Arthur Tang who wrote (556)2/20/1998 6:03:00 AM
From: Arthur Tang  Read Replies (1) of 769
 
Why limit orders are a one way contract that you can not afford? When you enter the limit order, the timing and the price and the company fundamentals are maybe more favourable to you. But if it changes to a worsening situation; your stock or your cash in the account is contracted to be taken.

Even day order is dangerous. Even real time is one quotation too late.
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