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To: Glenn D. Rudolph who wrote (102826)5/5/2000 1:44:00 PM
From: Greater Fool  Respond to of 164684
 
>>limit orders

I have used limit orders with varying degrees of success. Sometimes I get a price improvement over the current price, sometimes I don't. It adds to the overhead, though, as you have to monitor the trade for execution.

However, even placing a limit to buy at the current ask does help as it ensures you won't get a price worse than that.


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