This stock was up pre-market this morning. I've never been able to catch morning spikes so I made sure that I didn't I didn't miss it this time. Anyway I placed a limit order at 5.25 for 1,000 shares. 750 got executed and I was able to sell it at 5.50. The remaining 250 I thought didn't get executed but 5 minutes later I refreshed my screen and realized it got executed but by the time I realized this the price went down to the 4.90s. I sold it for 4.96 which is a 30c loss and had I known I had it I would've sold it in the 5.60s. So now I know to keep refreshing my screen and check my phone for the buy notification as it's more than likely that your full order will get executed. :)
Posted Dec 15, 15 9:22 AMbyPandabear
Categories
Price Action: Morning Spikes, Trading Mistakes
Tickers
KTOV
@Jdrifter21 Im using a macbook air
I've had this happened to me a few times also. When the market is fast or very high volume and you think you cancelled an order or get a partial fill with the remaining order still out there and maybe even already exited with the remaining order still open etc...things can get bogged down due to high volatility and orders can be affected. There can be thousands, proably more, orders going through at the same time and it might have little to do with your connection speed or platform. Soetimes my
phone is faster than the computer. Keep you active order window open and make adjustments from there such as cancel the remaining share fill etc.
Thanks will do that next time.
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