Can somebody give me an example?
If XYZ is at 50 bid and 50.01 ask and I send order to buy 100 shares at 50.02 do I remove liquidity? How do I add with automated trading?
thank you
I trade with Interactive Brokers. When I place stop market order to close my position does it sit on my computer or goes to IB server? Can anybody see it? How can I place stop order so it's not visible to anyone?
It's a little off topic, but I thought I'll ask anyway. How many stocks do you trade per day on average (or do you trade futures?), do you prefer breakout trading, RTM, OPG, etc?
Thank you Dustin,
How do you decide when to exit, do you let price action tell you or do you know your exit point before entry? Reason I ask is because when I have 5-10 open positions it's getting harder to watch them at the same time. How do you deal with this?