Trailing stops at online broker
Does anyone have any experience with trailing stops offered by Scottrade or other online brokers?
For example, are they visible to the market or visible only to the broker?
Trailing stops at online broker
Started by
darnelds
, Jul 29 2007 08:43 PM
2 replies to this topic
#2
Rogerdodger
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Posted 29 July 2007 - 09:57 PM
You had better observe the stocks normal movement.
If the minimum trailing stop is .20 the stock is guaranteed to retrace .21, etc!
"Nature's Failure to Function in a 'Predictable Way'... 500 years ago?"
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BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
#3
traderpaul
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Posted 29 July 2007 - 11:07 PM
The discount brokers are not market makers, they sell you orders to a third party.....Everyone see your order..........If you are a newbie, by all means use a stop, it is better than nothing.....If you are experanced, then you should sell them on the way up.....Use a stop and place the stop price above the market.....Sell them on good news and great earnings etc.....Trailing stops at online broker
Does anyone have any experience with trailing stops offered by Scottrade or other online brokers?
For example, are they visible to the market or visible only to the broker?
"Inflation is taking place now. Prices may not appear to be rising because they are making packaging smaller. "— Rickoshay
