Seeking Alpha
  • Hypnos7
    Lesson learned today: watchout for gap-ups in low liquidity ETFs. Got burned at the open by YCL today. Should've used a limit order v. FXY
    4/10/12
    Reply (2)
    • Windsun33: Yup, that is why I usually stay away from very low volume ones. Even if you can sell, the bid/ask is often very poor
      4/10/12
    • Hypnos7: FXY usually gaps up/down due to the overnight trade and YCL/YCS mirror that, but today's YCL fill was especially bad.
      4/10/12