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Started By
Message
re: "Hi, ho Silver!!!! Away!!!"*
Posted on 7/22/13 at 12:54 pm to LSURussian
Posted on 7/22/13 at 12:54 pm to LSURussian
quote:
Correct. There have only been 130,000 shares of DSLV traded this morning. I'm trying to get out now. My sell order moved the market
Short term trading in low volume stocks is tough. The bid ask spread can really put a hurting on you.
1
Posted on 7/22/13 at 2:38 pm to LSU0358
You got that right.
I knew I was in trouble when I put in my original buy order for 1,000 shares and it only partially filled (800). That made the price move up so much I canceled the unfilled 200 shares. I put a sell order in for the 800 shares and the priced drop way below my sell price within 2 seconds.
Lesson learned: Stay away from DSLV.
I knew I was in trouble when I put in my original buy order for 1,000 shares and it only partially filled (800). That made the price move up so much I canceled the unfilled 200 shares. I put a sell order in for the 800 shares and the priced drop way below my sell price within 2 seconds.
Lesson learned: Stay away from DSLV.
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