GREY:FFRMF - Post by User
Comment by
Charlie_Chanon Oct 05, 2016 12:34pm
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Post# 25312218
RE:RE:LMAO
RE:RE:LMAOKFJ523 wrote: ... ever heard of a stop loss order?
Good Grief...................Never put a Stop Loss order (for a large amount of shares) on any stock with a large degree of volitility,like AGS, unless you want to take a royal screwing!
Whenever you place a stop loss order, that order gets picked up by all Institutions who have Level 3 and I have personally witnessed them pulling all bids for a stock. Remember that a Stock Loss order is in fact a Market Order, and your sale may freefall to a massive loss with the shares picked up by the Boyz who manipulate this Stock Market Casino.
If you put a Stop Loss on a large cap stock you can be quite sure your order will be sold for a price you had established, but for a Micro Cap it can be a very expensive lesson!