simply put it up for a sale with your ask price...NOT A
STOP...just simply telling the world "I want to sell at 1.54"...if
the "market-maker" (do they still even exist?) or anyone else wants
it bad enough, they will take it! When you set a stop, you let them
do whatever they want...there's nothing you can do if they decide
to run it so that's a risk you must take i.e. it will trade lower
and you'll never sell.
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Answer to RichieD re "setting stops..."
Setting stops when long low priced stocks
Posted by pdani on 10th of Mar 2011 at 11:13 pm
simply put it up for a sale with your ask price...NOT A STOP...just simply telling the world "I want to sell at 1.54"...if the "market-maker" (do they still even exist?) or anyone else wants it bad enough, they will take it! When you set a stop, you let them do whatever they want...there's nothing you can do if they decide to run it so that's a risk you must take i.e. it will trade lower and you'll never sell.