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Strategies & Market Trends : DAYTRADING/SWINGTRADING STOCKS with INTRADAY INVESTMENTS -- Ignore unavailable to you. Want to Upgrade?


To: intothefray3 who wrote (91)5/23/2001 1:15:29 PM
From: -  Respond to of 565
 
yeah those would be broker-held stops, their computing systems monitor the market and fire/route a (buy or sell) market order for you when the stop is hit. Just watch out the slippage especially fast-market conditions... I've posted some writeups on using "stop-limit" orders to avoid that... there's one on the DAYTRADING FUNDAMENTALS thread posted recently.

Steve