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Strategies & Market Trends : The Player's Club -- Ignore unavailable to you. Want to Upgrade?


To: Compadre who wrote (1703)11/30/1999 10:16:00 AM
From: F Robert Simms  Read Replies (1) | Respond to of 11513
 
You can go to justquotes.com and look at the 1 min chart and pull up time and sales. That will give you the high and low for the time posted on your post. Then average them to get fill price.



To: Compadre who wrote (1703)11/30/1999 10:34:00 AM
From: Gersh Avery  Read Replies (1) | Respond to of 11513
 
had a nice reply .. then the SI post pirate stole it.

Your order is time stamped by SI.
Your order is effective the first tick of that one minute time bar.

I'll post this and then add to it ..

Market orders:
take the high trade and the low trade and average them.
if the average is not on the .25 tick round to your favor.

(.25 tick = x.0, x.25, x.5 or x.75)

post again before it gets stolen again

Limit orders:

Your limit order goes into effect the first tick of the one minuet bar identified by your post's SI time stamp.

Limit exception:

If, on the first tick of your one minuet bar, the market has blown past your limit target then you use the market rule for your entry price ..

OK .. let's see if the post pirate gets this one ..