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Strategies & Market Trends : The Covered Calls for Dummies Thread -- Ignore unavailable to you. Want to Upgrade?

To: Uncle Frank who wrote (1067)6/18/2001 12:23:18 PM
From: JohnM  Read Replies (1) | Respond to of 5205
 
I always use limit orders, having found that the cost of doing so is very small in comparison to the risk of getting a market order filled at a disappointing price.

Thanks, Frank. So far that has not proved to be a problem. Market orders get placed reasonably close to the numbers I want.

I've used limit orders a couple of times and wound up missing sales I would love to have made. But your point is a very good one. I need to look out for it.

John


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