ok thanks, that's what i thought.
Time limit for someone to claim erroneous trade.
- Thread starter stock777
- Start date
when you said "cover" i thought you meant as in covering a short.
is there an advantage to exiting the trade immediately? like, is there a difference if you held the position as long as it kept going in your favor vs. exiting immediately? does it make it harder for the trade to be broken if exited immediately and you now have a profit vs. just having shares at a cheap price? in other words, what is the thinking behind, "If it were me, I'd trade against the position to establish a profit?"
"does it make it harder for the trade to be broken if exited immediately and you now have a profit vs. just having shares at a cheap price?"
no.they dont care where you end up if they break the trade.if you sell and they break the trade you are short the stock.
no.they dont care where you end up if they break the trade.if you sell and they break the trade you are short the stock.
which makes me ask, why are some people so quick to say:
"If it were me, I'd trade against the position to establish a profit."
what's the point?
Will keep it that way until 2007, when , if I haven't heard, I will assume the trade stands.
if you made it to the next day without getting busted i would think your 99% ok.
if you made it to the next day without getting busted i would think your 99% ok.