Intrinsyc Software International Inc ISYRF

RE:RE:MOC Trade

[morningstar4]

Avoid MOC (market on close) orders. All too often such orders are also a "license to steal" since they can be filled at almost any price during the last minute of trading. An MOC order in thin markets is a certain invitation to trouble. Avoid MOC orders unless absolutely necessary. They are not recommended. Many traders jokingly refer to MOC as "murder on close" orders since fills are often so poor. You may be better off simply placing a market order a few minutes prior to the end of the trading session.