Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Position Trading Forum -- Ignore unavailable to you. Want to Upgrade?

To: Don Pueblo who wrote (785)	9/1/1998 11:57:00 AM
From: Nazbuster	Read Replies (1) \| Respond to of 7247

TLC and Tim, I tried all morning at open to short AMZN, putting in limits well below the BID, but couldn't get into a trade. All I could do is watch in frustration as it churned between 76 and 78 while the DOW was spiking up. (AMZN showing weakness.) I finally gave up in disgust as I watched AMZN plummet from 76 to 65 with me not in the trade. At one point it looked like it might correct briefly, so I entered a buy order which surprisingly triggered instantly. Almost immediately (before I even had an opportunity to enter a stop-loss order), I saw it would continue dropping, so I entered a market sell just to bail out and take my lumps. IT TOOK 9 minutes for the market sell to trigger! OUCH! I got killed: $2k on 500 shares! When AMZN then ran up to 80, I put in a MARKET short just to see if it would execute. I waited 15 minutes before cancelling the order. I'm using Dreyfus online as my broker and they are usually pretty good. I wish I were on something which would let me use ISLD or preference MMs. These kinds of delays in executions scare me. I'm OK with trading on days like today; in fact, I love this kind of greed/fear! Are you having the same difficulty getting your orders executed during really heavy trading days?