This happens all to often with thinly traded stocks, the market
maker knew where your stop was and took you out. It's the way they
make the millions and you pay.
If you want to hold a stock like this then take your stops off
for the first 1/2 hour and let things settle out.
This happens all to often
stops in place.....
Posted by ditch on 20th of Jul 2011 at 09:40 am
This happens all to often with thinly traded stocks, the market maker knew where your stop was and took you out. It's the way they make the millions and you pay.
If you want to hold a stock like this then take your stops off for the first 1/2 hour and let things settle out.
This is why I only trade ETFs.
Aren't trailing stops still invisible to the mm's? What about ATR stops?
Posted by lessarda on 20th of Jul 2011 at 10:32 am
Does any platform have them for use now?