Here is the trap Brokenandhungry.
In the situation you mentioned above is where you picked the top or bottom of a market perfectly.
Lets say you had 1000 shares at $1.00.
Mrs Retail A buys 500 ($500)
Ms Retail B buy 498 ($498)
Then the share price moves down to $0.99 and continues downward.
You order remains open @$1.00 for the last 2 shares you had in the order.
If you wait it out then you will pay the broker (for example) $20.00 for the trade, even if it takes 6 months to complete. HOWEVER, if you change or amend the order, often they will charge you a further $20.00. This effectively means you have made an $18.00 loss on a trade of $1.98.
Hope that makes sense.
The wordage in written form seems far more complicated than if we were talking face to face.
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Last
$3.88 |
Change
0.140(3.74%) |
Mkt cap ! $730.1M |
Open | High | Low | Value | Volume |
$3.80 | $3.97 | $3.77 | $2.153M | 556.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 7540 | $3.88 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.89 | 11000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4999 | 3.880 |
1 | 10000 | 3.830 |
1 | 1000 | 3.820 |
1 | 16335 | 3.810 |
1 | 196 | 3.800 |
Price($) | Vol. | No. |
---|---|---|
3.890 | 11000 | 1 |
3.920 | 2584 | 1 |
3.970 | 940 | 2 |
3.980 | 2511 | 1 |
3.990 | 250 | 1 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
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