stop orders


Subject: stop orders
From: Karl Evan Hallowell (hallowel@math.unc.edu)
Date: Wed Mar 08 2000 - 23:16:24 PST


I guess that stops and stop limits are public information like limit
orders. The reason I'm concerned is that this would make it much easier
for someone to troll for stops by calculating beforehand how much they can
get if they push the price so much in a particular direction. I will
exploit stops in this way if the information is public. <insert weaselly
rationalization here>

Karl Hallowell trader 1001



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