Successful Short-Term Trading Strategies for Beginners Message Board

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Strategies & Market Trends : Successful Short-Term Trading Strategies for Beginners

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To: tide who wrote (26)	8/12/1998 8:57:00 AM
From: TraderAlan	Read Replies (1) of 78

tide, Your situation on AOL probably would have been even worse. The spread on this stock widens suddenly in fast markets and most entries/exits will incur ugly slippage if you don't use a limit order. In the NYSE specialist system, one "dictator" controls all the price movement, allegedly from his order "book" Amazing how all the orders disappear between wide price tiers when that (and other NYSE) stock is moving. Alan

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