For @EddyG’s benefit this is called stop hunting [1]. This is where the traders see if they can trigger people’s automatic stop loss orders by dumping onto the market and pushing the price down below the stop loss price for a short time. While I think having a stop loss is a good idea, for small stocks it is a bad idea to have stop loss orders on market as they are are just too susceptible to being exploited by the traders. Much better to just have a price that you will sell at and execute it manually.
1. https://www.investopedia.com/terms/s/stophunting.asp
General Comments / Chat, page-32
- There are more pages in this discussion • 10,851 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RAC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.16 |
Change
-0.070(5.69%) |
Mkt cap ! $199.4M | |||
| Open | High | Low | Value | Volume |
| $1.26 | $1.26 | $1.14 | $338.0K | 283.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2042 | $1.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.16 | 2000 | 1 |
View Market Depth
| Last trade - 13.37pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$1.16 |
Change
-0.070 ( 5.94 %) |
||||
| Open | High | Low | Volume | ||
| $1.23 | $1.23 | $1.14 | 28758 | ||
| Last updated 13.50pm 03/05/2024 ? | |||||
| RAC (ASX) Chart |