CYBERTRADER 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.

Non-Tech : CYBERTRADER

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: FredM who wrote (2313)	4/11/1999 8:46:00 AM
From: Reloader	Read Replies (1) of 3216

Fred (and others)- I know how you feel - I've been trading some fast movers myself, and have suffered several 2 pt and larger losses by simply not being able to get out when the stock suddenly turned. I've gotten burned using SmartMarket orders - sometimes a couple of points lower than when I entered the order. Now THAT'S when time takes TIME! I've also had no luck with SmartLimit orders. Can anyone tell me about whether they've had any luck with a delta order when the stock's dropping like the proverbial piano? I've never tried sending an Island order that crosses the mkt. to pick off some size because the folks bidding there usually disappear from anywhere near the bid once the bottom falls out - which usually leaves only MMs for a "reasonable"(?) exit. Dave Chaney

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next