posted
I need some advice. I totally agree on the subject but the question is how to figure out what stop price to set. For example if a stock XYZ was bought @ 13.3 and then it moves up to $15 but then fluctuates as low as $13.9, should stop limits be set to protect your profit even though it might be not big. Too many times the price seems to reach your stop price, execute your sell order and climb up again. Any suggestions?
Posts: 64 | Registered: Jan 2004
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posted
yeh dude, be happy with what youve made, always consider the fees, and yes, sell the ******* asap even if you gained just a 100 buks, set it @ that, but if you see it rise to a nice sell then cancel the last order ( limit) and sell asap @ market, with respect to level 2 quotes.....what are you using as quotes? Posts: 38 | From: brooklyn | Registered: Jan 2004
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posted
oh and, ameritrade doesnt charge for no-execution and cancel, so your good to go....
Posts: 38 | From: brooklyn | Registered: Jan 2004
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