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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?


To: the Chief who wrote (2186)1/13/1999 8:52:00 PM
From: The Devil Dog  Respond to of 62348
 
Ha ha ha ha, you into the single malts again, thanks for the
lesson Chief

Another example. You are in the desert, dieing of thirst, and a blonde with big hooters approaches you with a glass of water, what do you lust for first?? Oops wrong example!!

Best regards

WB




To: the Chief who wrote (2186)1/13/1999 9:11:00 PM
From: Rob Davis  Respond to of 62348
 
> Another example. You are in the desert, dying of thirst, and
> a blonde with big hooters approaches you with a glass of water,
> what do you lust for first??

I'd probably ask her if she had a current quote on bii. :-)

Cheers,
Rob



To: the Chief who wrote (2186)1/13/1999 9:12:00 PM
From: jsrl  Respond to of 62348
 
You take the glass of water and pour it on her T shirt.... and then yell stop!

am I close?



To: the Chief who wrote (2186)1/13/1999 9:19:00 PM
From: Wizzer  Read Replies (1) | Respond to of 62348
 
I keep getting the impression that you are referring to a STOP with a limit attached to it. I am not using a LIMIT range on my trades. If I had put in a STOP at $7.10 and a limit of $7.00 then my trade would only occur in that range and no other range. Simply putting in a STOP at a specific price with no LIMIT added will convert your order to a SELL AT MARKET order, which is activated with the sale of a board lot at whatever your STOP PRICE is. If it immediately moves up, you sell for a higher price. If not you either trade at that price or lower.

This happened when I was trading PHV. I got filled at a higher price than my STOP, because the stock moved up right afterward. It is not an instantaneous trade, and the delay that is why sometimes you get filled at a higher price.

This is my understanding of STOPS without limits.

Addendum: Not sure about this. I was also told by Greenline that once your STOP gets hit, a physical order is printed and handed to a trader who must then input the order manually. I told the guy that the TSE is a ticketless exchange but he insisted that this was correct, and perhaps he was referring to a Greenline trader. According to him, it does not go straight into the TSE trading computer. A specific buy, sell or a straight at market order will go in immediately to the CAC (??) computer upon approval by your brokerage. This definitely needs further investigation.

Regards, Wisam