Due to UAUA peak today my friend had GTC buy order @4.00 and got filled.
It was suprise for me,that he has always a few hundred GTC orders @70-80% lower prize than market prize.
In other words he collects "lottery jackpots"
Is it reasonable startegy?
Does GTC orders decrease buying power?
Because my friend says,GTC orders doesnt decrease buying power or affect cash balance?
It was suprise for me,that he has always a few hundred GTC orders @70-80% lower prize than market prize.
In other words he collects "lottery jackpots"
Is it reasonable startegy?
Does GTC orders decrease buying power?
Because my friend says,GTC orders doesnt decrease buying power or affect cash balance?