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sltrader

01/26/12 10:07 AM

#30903 RE: dcsteve #30900

Because the order price limit is going to need to be raised above it to get filled.

Any orders are going to have to go in with higher limit prices to fill but chances are they will fill at the ask.

Especially if the MM's are stacking orders. Higher limit orders will get through. That is the easiest way to take them out or make the price go around their orders.

Just raise your limit to .006 or so and then when the ask moves up, raise up the limit and do it again...

IMO....