Linearly Speaking... I'm 28... Time is Several Things...
Yes, Time is Money. Time is also Opportunity Costs. Time is Accomplishments. I'm 28. I have a rigid stop loss at 30... The bottom line, Time is Virtue. I'm working on a reasonable opportunity of positive expectation. I'm going to watch the free Met Opera on the Great Lawn at Central Park.... this same time last year, I was close to dying... these cycles repeat themselves to a Tee.
posted by Lockheed Hayheehoo Macedon @ 5:52 PM
3 comments
3 Comments:
hang in there.
Lockheed,
If you will, can you answer two Q's for me?
I decided to make a play on energy stocks today. I did not trade technically today, and am still trying to figure out the Dan Zanger break-out trading style. A question about the NYSE:
I'm in on OXY with a 50 share block at 76.30, the price is currently 76.73.
However, earlier in the day, I bought in at 76.34, and had a stop at 75.85. Mysteriously, the price function went 3 pennies below my stop and knocked me loose, and caused me a $26 loss [including commission.]
My question to you: can specialists tightly push around prices within a narrow band and knock loose stop loss orders on the NYSE? I was toying around with this and placed a few bogus stop loss orders during lunch time -- just underneath a narrow band, and it felt like the guy was seriously driving down the price to knock the order loose. Stops are visible on the NYSE, but I didn't know for sure.
Also, is there any surefire way to minimize slippage on the NYSE?
Thank You
Hi OXY... I answered your questions in the next post...
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