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Strategies & Market Trends : Timing the Trade the Wyckoff Way -- Ignore unavailable to you. Want to Upgrade?

To: Joe Highlander who wrote (13726)	4/29/2015 10:12:49 AM
From: coferspeculator	Respond to of 14340

Hi Joe, it's the computers and algorithms . . the stop loss triggers a market order and if there aren't enough buyers at one price, the next fill is usually at a lower price . . algorithms and computers adjust buy or sell orders in milliseconds . . there may be enough orders to buy all the shares you wanted to sell but those orders disappear in a millisecond if an algorithm the buyer is using determines there is heavy selling prior to a stop loss order triggers a market order to sell . . this happened to me also . . there is a lot of selling at the time the order triggered . . be great if I could get the perfect fill but if I'm selling I can always reconsider buying . . . what I don't want to happen is being in a much worse position if I hadn't used some form of protection . . my thoughts for what they are worth . .

To: Joe Highlander who wrote (13726)	4/30/2015 12:39:20 PM
From: hankinvestor	Read Replies (1) \| Respond to of 14340

I have seen this too. I agree with Coffer's assessment, computers and algorithms plus a whole bunch of simultaneous sells (or buys in other situations) attempting to be filled simultaneously. Think of the complexity of it. I would think that if 10 trades of 100 shares were all placed simultaneously for a particular stock at a certain price, if there is less than 1000 shares available at that price, then I would think they would all be filled partially and then the system moves to the next lot. In a gap down then there are a whole goop of orders to fill, a very complex situation. On a positive note, #4 is rocking and rolling today. On a day like today, I can wish I had not sold 40% of my position at lower prices, but I followed my rules, so I was successful and profitable. I can't help but wonder how #4 price would increase if the winds were at our backs. This one will pull back and that is when I will look to re-enter with shares sold earlier and get back to a 100% position. It is nice to have success like this one especially, since I got beat up by having a couple of the recent bio-techs that failed to move up in my portfolio.