- I shorted UMPQ on Tuesday during the opening hour
- My Stop was conservatively set to the High of Friday
- My Target of $11.00 (round dollar) was reach today, and I exited my entire position
GIGO On Pre-Trade Checks
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In the U.S., pre-trade checks are legally mandated by SEC Rule 15c3-5 (the
Market Access Rule). An Order Management System (OMS) evaluates every
incoming A...
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