Do I have a big bullseye on my back?

Discussion in 'Trading' started by tttinvest, Mar 20, 2003.

  1. Based on my thread above, what is a decent stop?
     
    #11     Mar 20, 2003
  2. nkhoi, are you just being sarcastic or is it the truth?
     
    #12     Mar 20, 2003
  3. I am trading 200 or 300 shares right now, and I am trying to scalp .20 or .30. I am using a stop between .07 and .10. I know that this is paranoid, but can a market maker see the stop and drop down and take out my order and then move on? I have asked this question before and I got a range of answers from no to yes.

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    To clear this up for everyone Market Makers are nothing more then gloried order clerks. They don't know about stops and don't care. All they give a $hit about is the commission they will get for matching a buyer and seller.
     
    #13     Mar 20, 2003
  4. That's all I needed to know.
     
    #14     Mar 20, 2003