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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Doorman who wrote (14201)2/24/1999 12:48:00 PM
From: Don Westermeyer  Respond to of 122087
 
I suggest you place price limit orders and not use "market orders" which can fill far away from your intended entry point. LOL

Man, you are not kidding here.

I know one person that went short a stock using a market order when the stock was at $20. The first fill was 500 at $20, then the next 4500 were filled at $16-7/8! (Turns out the person still made money on it after a few weeks, but still...).