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Strategies & Market Trends : Bill Wexler's Profits of DOOM
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To: BDR who wrote (2849)9/17/1998 3:32:00 PM
From: Peter V  Read Replies (1) of 4634
 
You need to create an uptick by placing your limit order above the last price. The downtick won't change if you simply place the order at the bid. I usually split the bid and ask and place the order somewhere in the middle.

My original problem was different, it was the error message for marginability. The customer service just gave me a BS answer to get me off the phone.
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