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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Oblomov who wrote (74713)2/28/2007 9:17:34 AM
From: shoreco  Respond to of 94695
 
Cool, one of the things I learned back in the 2000 days was to only use limit orders. I've had orders lost in cyberspace not knowing what was going on...

Some of the great horror stories come from people placing stop orders or market orders...

Years back the YM futures had a 100pt down tick in AH's, it lasted but a second, but I know a few people who were stopped out during that "malfunction"...

There was also a time I placed an order to sell an SPX option (at the peak, my benefit) but the order was lost and the market reversed. By the time my order was canceled and reset I lost almost $5k...

Anyway, I would look at the time stamp on your trade...

Good Trading,
Shoreco