Australian (ASX) Stock Market Forum

Changing your Bid price

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If I've bought a stock at say 11 cents & am at the front of the queue but then modify the bid price down to 10 cents, does that mean I'll automatically be at the front of the queue for 10 cents or will I go to the back of the queue?
 
If I've bought a stock at say 11 cents & am at the front of the queue but then modify the bid price down to 10 cents, does that mean I'll automatically be at the front of the queue for 10 cents or will I go to the back of the queue?

You'll be at the back of the 10c que and anyone who is at 10.5c.
Bid 11.5c and you'll get taken out by the time your curser leaves the buy button.
 
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