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To: Rick- who wrote (902)7/27/1998 3:55:00 PM
From: xbrent  Read Replies (1) | Respond to of 7609
 
I have cancelled market orders with some frequency, especially shorts. When shorting you need to catch it on an uptick, so a limit makes it real tough to get a fill when shorting, to cover it is no problem a limit works just fine. Officially, they will tell you that you can't cancel a market order. It certinly is possible and I have done it many times. It is just a crap shoot as to if you can.



To: Rick- who wrote (902)7/27/1998 3:56:00 PM
From: Cannon  Respond to of 7609
 
RIck, I'm sure I've canceled market orders in the past (back when I actually used them).
I go through a bank brokerage so maybe that had something to do with it.
Or perhaps my memory is not as good as it should be.


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