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That's assuming none of the orders will be pulled before they're filled.
by cesarb 9y ago
That's assuming none of the orders will be pulled before they're filled.
- omgtehlion 9y agoThat's what 'MARKET' orders are for. Don't be greedy and allow for some slippage, otherwise you would give yourself out and loose even more. Anyway, if you have enough money, why not hire someone to write you a multi-exchange execution tool, and save some more money.
- runeks 9y agoRight. The future is uncertain. It’s impossible to know whether there will be any orders at all in the order book a second from now. But as soon as you place your sell order, a proper order book locks all other orders such that they can’t be pulled until after your sell order has executed.