Replies to post #35740 on MediaG3 (MDGC)

[k9painter]

believe it! it is not as extreme as your example but it can and does happen. they can see size and stops no doubt. they are able to walk down on small bid whacks to pick off a stop.

[GreaseWD40]

Those Darn Market Makers
http://www.trade2win.com/knowledge/articles/general_articles/those-darn-market-makers/print

Great article!

They can indeed see your stops as they get close to them as indicated in the article.

[jobu6398]

The best stop is a mental stop. When you see the price reach a level, sell. Don't trust brokers.

[CharlesNet]

YES, they definitely see your Stop Loss Orders and use them to gain inventory of shares. They DO NOT see "Trailing Stop Orders"...see if your broker has that available, I know E-trade does.

In a Trailing Stop E-trades system calculates each day's trading and compares that to your TSO. You set your TSO as a $ or % value behind the share price. As the share price increases your TSO follows it. Then, if the share price reverses and then hits your TSO it will trigger an automatic Market Sell order in the system. At that time and only at that time does the Market see your order.

So, if you are going to use Stops then my advice is to use TSO's. However, your TSO would have been triggered today also, more than likely. So, you may want to use Mental Stops if you know you are in a volatile stock.