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Price Limits and if I have the correct Amounts " Per " MAX move ??


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Price Limits and if I have the correct Amounts " Per " MAX move ??

  #11 (permalink)
wintergasp
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myrrdin View Post
I wrote: "During a limit-up move you always can liquidate your long position." That is exactly what you describe.

Please clarify what is incorrect regarding my statement.

Best regards, Myrrdin

Myrrdin, I read in your first post: "If you are long a commodity and there is a limit-up move, you will not be able to sell the commoditiy at this price."

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 SMCJB 
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myrrdin View Post
If you are long a commodity and there is a limit-up move, you will not be able to sell the commoditiy at this price. There is no seller. And there might be a limit-up move on the next day. And the next.


wintergasp View Post
Myrrdin, I read in your first post: "If you are long a commodity and there is a limit-up move, you will not be able to sell the commoditiy at this price."

Your right he did say sell, but I think his next statement"There is no seller" made it clear to me at least that he meant buy.

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