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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Das Boot who wrote (59162)9/9/2000 9:56:49 AM
From: Fundamentls  Respond to of 122087
 
I NEVER use market orders, but set limit orders at the LOWEST I'm willing to sell for,
This is essentially the same as a market order with a bottom stop.
It will execute at **market**, but not below my cutoff.


I do this too, but there's one caveat: true market orders stand in line before limit orders, and in a fast-moving market I've missed a fill because there were enough market orders ahead of me to drive the price past my limit. Had I placed market orders they would have filled.

Fund



To: Das Boot who wrote (59162)9/9/2000 9:29:58 PM
From: knows_picker  Respond to of 122087
 
Dr Boot, I cant call it my very own, but its still a turd

MYTURN is a friggen GOLDMINE