Playing & Trading Strategy

I'm really frustrated! I'll place an order for MAX sell or short and it won't go through! I repeat and repeat and lose fake money as the... Ryan_Stewart Mar 09, 22:18

You are not representing the situation accurately. Shorting and selling will go through just fine if the stock price changes PVL Admin Mar 09, 22:33

thanks Rockey123. You're absolutley right. Beer and trading don't mix well. I start to point fingers when I have a buzz on. {nm} Ryan_Stewart Mar 09, 22:37

I'll do some simple math and keep the finger pointed at myself next time. {nm} Ryan_Stewart Mar 09, 22:38

But, dude!! did you see OMARS react to the latest estimate??? Lost 600K trying to get a trade thu!! {nm} Ryan_Stewart Mar 09, 22:39

I did see that...fortunately for me, I saw the DL post before the forum post so I had already shifted my positions before most people saw it PVL Admin Mar 09, 23:29

Uhhh...I meant thru...Molson Golden!! dude!! {nm} Ryan_Stewart Mar 09, 22:40

In HSX, MAX means shares available not affordable. So you need to know how much you can afford if you want the trade to go thru the 1st time {nm} JDolphin Mar 09, 22:33

Not right, "Buy Max" does mean "buy the maximum you can afford at this moment before orders are executed" (further inside) DTravel Mar 10, 10:42

But if you are short on cash and you want the trade to go thru, you're better off not using Max, but calculating a lesser amount {nm} JDolphin Mar 10, 13:47

For a fast moving stock, the price difference on a Max affordable could make it unaffordable at trade process time, {nm} JDolphin Mar 10, 13:49

I think it would take a HUGE price diff for that to happen, I've had trades go thru that cost $10K+ more than I had in cash. DTravel Mar 10, 14:47

Happens all the time for me. SOMETIMES it will let me go negative, but OFTEN it just fails. {nm} PVL Admin Mar 10, 16:03