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on a stock like SBCF, what would your order be contingent upon?
you can make a contingent order on the stock itself. So, IF SBCF drops below 1.20, THEN sell x shares of SBCF at market price. The market maker never sees the order until it actually triggers, which is also a good thing!
thanks
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on a stock like SBCF,
SBCF
Posted by Michael on 1st of Nov 2010 at 09:10 pm
on a stock like SBCF, what would your order be contingent upon?
you can make a contingent
Posted by frtaylor on 1st of Nov 2010 at 09:28 pm
you can make a contingent order on the stock itself. So, IF SBCF drops below 1.20, THEN sell x shares of SBCF at market price. The market maker never sees the order until it actually triggers, which is also a good thing!
thanks
Posted by Michael on 1st of Nov 2010 at 10:51 pm
thanks