Australian (ASX) Stock Market Forum

Recent content by AceStar

  1. A

    Stock dropped 12% then went back to original level in minutes

    Mine (O.P.) were, unfortunately, limits. The trigger was about 10% lower than the recent price and the limit was about 1.5% below that. Whoever it was selling down through the buy depth (or whatever) must have happened to then put in a buy order which came in above my lower limit thus grabbing...
  2. A

    Stock dropped 12% then went back to original level in minutes

    Thanks for the explanation... Hmmm is there a solution for avoiding this type of thing? Set the stop loss a lot further from the action (mine was already about 10% out)? Stop using stop losses? Set up a some other trigger?
  3. A

    Stock dropped 12% then went back to original level in minutes

    I held some shares in AEO and noticed that today it dropped something like 12% in less than a minute, then a few minutes later it was back at its previous level. Unfortunately it triggered my stop loss and all my holdings got dumped at the momentary low price. It's lost me a couple of...
Top