You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
A 70k bet that I can't make a 50% gain in 2009
- Thread starter geez
- Start date
Quote from nukethewhales31:
i figured could tell by the decimal numbers on the ends
make sure ur using limits itll cut ur losses as price will have to move in your direction to initiate the order.
Iuse limit stops for my stops, on targets I have to cancel my limit stop and then I usually just watch the bid/ask and put in my sell order since I'm using scottrade for this bet it's sometimes a pain to switch the market to limit so I just hit the sell.
Quote from geez:
Iuse limit stops for my stops, on targets I have to cancel my limit stop and then I usually just watch the bid/ask and put in my sell order since I'm using scottrade for this bet it's sometimes a pain to switch the market to limit so I just hit the sell.
thats a very inefficient system of order entry/management
but if its scottrade .... you cant change that good lucky to you win some dough
Quote from nukethewhales31:
thats a very inefficient system of order entry/management
but if its scottrade .... you cant change that good lucky to you win some dough
I agree, but scottrade won't allow you to put a limit order in that is within .10 of the actual price, so if you are getting close to a target and it doesn't HIT the target , but you want to sell a couple of cents from it you have to cancel the limit order then go back and enter a new trade, so if I am at my computer I usually just monitor the trade (when close to a target) and use a market order. That's one reason why I really like to play high volume stocks, ETF's.