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Author Topic: Stupid question, but I need help
golferman
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I am new, and I have a question. If i have a stock at .082, and want to sell when it reaches .11. I understand that the best way to do this is to set up a limit order to sell. Is this correct? If so, do I set that limit order to sell at .11? Thanks for any help you can give.
Posts: 88 | From: Candy Land | Registered: Jul 2005  |  IP: Logged | Report this post to a Moderator
T e x
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golfer, just to let you know...newbie questions are encouraged, but you don't need to spend bandwidth posting on multiple threads. welcome, and ask away, but spend some time re which threads to post on...

good luck trading

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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Sixela
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The only reason why he keeps posting over and over again is because no one is answering his question. And instead of you answering it you always have to say something negative to discourge new members from asking question.
You see you rather take the new members money then teach them the correct way to invest. Right Bagtex or BuyBags.

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I will follow your picks..

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Sixela
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quote:
Originally posted by golferman:
I am new, and I have a question. If i have a stock at .082, and want to sell when it reaches .11. I understand that the best way to do this is to set up a limit order to sell. Is this correct? If so, do I set that limit order to sell at .11? Thanks for any help you can give.

Yes golfman. In OTC you can only place limit orders. So if you want to fill thats the best way to do it. Put a limit orders at the price you want to sell at and you should fill at that price (.11) or higher. Usually .11 will fill first because that is what the ask price will be if the stock is uptrending.
Alot of the times people leave limit orders in and they never fill. Your best bet is to put your order in as the price hit's .11 either on the ask or on the bid...

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I will follow your picks..

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T e x
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quote:
Originally posted by Sixela:
The only reason why he keeps posting over and over again is because no one is answering his question. And instead of you answering it you always have to say something negative to discourge new members from asking question.
You see you rather take the new members money then teach them the correct way to invest. Right Bagtex or BuyBags.

lol, I *did* answer him, last night. He got his answer on another thread and quit posting everywhere. You drudged it up just to take another shot at me. ooops--missed...again [Big Grin]

Did you ever answer me about knowing my trades, btw? You sure act like a certain somebody that's got a personal beef with me...take it off-topic, my suggestion...

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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Art
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I would have answered this if I had seen it before, since I feel that stupid questions deserve stupid answers.

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The light of truth is blinding to most.

More comforting to look only at the shadows of falseness.

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keithsan
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why is this stupid question here? shouldn't it be in the stupid question thread? Is swingtraders the new spot for stupid questions?

hmmm I think my questions were stupid? what do you think?

forget it, I'm just being stupid.

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keithsan
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glass is a chicken LOL
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glassman
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you just love chickens dontcha?

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Don't envy the happiness of those who live in a fool's paradise.

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keithsan
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Glass, where'd you get that cool leather forearm thingy
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keithsan
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and yes i do love chickens [Big Grin] but i have to behave now that my buddy had a heart attack on the farm.
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glassman
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that's sheepskin [Big Grin]

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Don't envy the happiness of those who live in a fool's paradise.

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keithsan
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I told you not to kill'em i like seconds [Razz]
Posts: 9110 | From: boston, ma | Registered: Jan 2004  |  IP: Logged | Report this post to a Moderator
   

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