Doncematic
Doncematic Jun 17, 16 2:00 AM

@RyanAnthony Seems you're right about that. A stop limit buy order would seem to do exactly what I wanted to do yesterday. I will try that one from now on.

Doncematic
Doncematic Jun 17, 16 2:01 AM

@Legendario That's why I though a Limit When Touched would do the job for me. In my thinking, this limit order would only be executed once the price of the stock touched the HOD again.

Doncematic
Doncematic Jun 17, 16 2:02 AM

@petwyt1218 I understand, but I still think that's what the 'When Touched' clause should have prevented in my order. In my thinking, this order should not have been executed because the stock price did not touch the HOD yet... Can you tell me how a 'When Touched' clause works in an order like this?

Doncematic
Doncematic Jun 17, 16 2:04 AM

@RyanAnthony I think what I should have done is to enter a Stop Limit buy order, with the stop price at the HOD (same as my initial 'when touched' price of 0.67) and the limit price at 0.675. Am I correct? And could you promise me that this will work next time? ;)

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justineharrisonsm3

I have bought some of your DVDs and studying when I have free time. The only problem I have is that I live in UK and I am having difficulty finding a Trading Platform / software that is similar to E Trade Level 2. I have tried to trade without it but feel I would do so much better if I had Level 2. Any recommendations for Level 2 for non US residents would be gratefully appreciated. Thanks

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