Daytrading Canadian stocks in Realtime Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Kevin Hamlin who wrote (247)	11/26/1998 11:26:00 AM
From: the Chief	of 62348

excellent trade Kevin. A note on Stop limit orders............ The stop limit order I put on NNC was actually $43.51 not that that is important at the moment but let me explain something to all that are unaware. Stop limit orders, because of the "present handling" of the TSE/ME/ASE computers will only recognize stop orders like this from 1/2c to 49.5c the stop limit is .5c from 50c to 4.99c the stop limit is 1c from 5.00 to ..... the stop limit is 5c So even though the brokerages accept a .51c stop on a +$5.00 stock...the TSE/MSE/ASE computers will only check the stop on the "nickel" Which means that my $43.51 stop will not be checked until $43.50 anyway!! So why do I say to put in odd number stops........Its a good habit to get into..and you'll likely never know when/if they modify the exchange computers to take these different stops!! the Chief

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next