Did TOS Just Rip Me Off?

Discussion in 'Retail Brokers' started by dcwriter2, May 5, 2021.

  1. %%
    NOT so much pay for order flow/you can get market order slippage the other way also,dwriter2.
    SPY is the liquidity leader/ so you may want to note in your notebook\sell in May today, may not be the best time to use a market order??
    And IF you see a see a sell in May today\ good limit order works well.
    IF i was aiming for a good fill with market order, i may not try it in MAY/on a red 30 minute candlechart \with weekly chart going down.

    I like market orders sometimes for exits;
    but my targets are seldom 00.20%, so its really not a market order problem or market maker problem. Good thing you were not trying to exit SPXL................................................
     
    #11     May 6, 2021
  2. %%
    True, mr Noah;
    but weekly+ monthly chart looks much more bearish than your 1.1 day chart.
    And using your chart\ SPY went lower than open price\SPY went lower than your 5/4/21 close price.
    AS far as 20 minute delayed, in a good or average uptrend; as other elite noted/may pay to delay for a day................................................................................
    BUT going lower than open price/ lower than gap/lower than last days close are also common short term exit signals, unless its an investment or longer term trade.
     
    #12     May 6, 2021