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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Merg who wrote (9506)2/20/1999 1:44:00 PM
From: Poet  Respond to of 56535
 
Merg:

Great post about those times when market orders are preferable. I agree completely.



To: Merg who wrote (9506)2/20/1999 2:42:00 PM
From: Wes Stevens  Respond to of 56535
 
ASCT, Merg,

I guess I agree. I actually sold 4k at 6 1/2 and another 2k at 6 1/4 both on limit orders. But after that it started falling fast and I started getting partial fills and then the bid would drop. I have been killed lately by both Schwab and Etrade on market orders. I really thought that if I put in a market order for the number of shares that I wanted to sell it would have dropped to 3 before they decided to fill it!