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Strategies & Market Trends : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?

To: Eric P who wrote (3709)4/11/1998 12:44:00 PM
From: Don Green  Respond to of 12617
 
try is to avoid placing an order at an 'even' price.

Thanks, I usually trade on market orders, but on that day I had four trades I wanted to do near the close, so I decided to place a market order instead. I have never had this problem before. In fact I usually place my limited 1/16 above the even number because quite often the market over-runs that number when the big rush of orders comes in at the close.
Oh well..Lesson Learned.
Don


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