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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: Jeff Jordan who wrote (30856)2/16/2000 12:34:00 PM
From: AlienTech  Read Replies (2) | Respond to of 43080
 
Well lets put it this way.. I had some INTV, I placed a limit to buy likr 500 @ 20 3/8.. Then I went to place another limit order to sell the 300 I had @ 20 15/16, entered the price and hit the isld button and it sold it to some geek @ 20! There was like 2 mm's @ 2 7/16 above my OWN limit price with the best ask @ 20 9/16.

They said something about how I did not realize the price and sorry.. Tell me why the heck I would sell something for 3/8 lower than MY OWN LIMIT BUY price. I woudnt have felt too bad if it had sold it to me itself! But I thought no matter how you look at it, It was the worst execution you can think off. And something like that should never happen. Although the price was on 1 point compared to the selling @ 30 when the previous trade was @ 45 and the best bids were @ 40+..

Now I woudnt mind any of this cause its a great business oppertunity to make some money. But I bet if you start doing it on purpose they will close your account for doing funny business.