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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?

To: Loren who wrote (7649)1/8/1998 12:23:00 AM
From: Richard Estes  Read Replies (1) | Respond to of 12039
 
I believe in limit orders for the day, take partials. Very few of my buys occur at ask, or sells at bid. I might try the next day or so but I want in at a certain price, or forget it. The market always has candidates.



To: Loren who wrote (7649)1/8/1998 1:39:00 AM
From: Michael Quarne  Respond to of 12039
 
I found that I get stung when I use market orders. I prefer to use Ask price.

Arctic Mike



To: Loren who wrote (7649)1/8/1998 9:02:00 AM
From: bdog  Respond to of 12039
 
Loren, I use limit orders. I have to go to work before the market opens and I'm afraid of getting bit with a market order. I have chased stocks too, quite frustrating. I would really like to wait and watch opening action before placing trade.

Once a limit buy order went through and the intraday showed a lower price. I called eschwab and they said they would pull the tape. They responded by giving me the lower price. You really got to watch those guys!

bdog


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