We recently addressed those who trade with wifi technology: http://www.optimusfutures.com/tradeblog/archives/wi-fi-mobile-futures-trading/ Also, there are trading platforms that provide Bracket Server Side OCOs, and those who do not have the highest quality connection should seek such order types. Rithmic, CTS, CQG and TT data provide it, but verify it exists on the trading software you are using.
Most stops on platform stay on your computer, which means you would not been stopped out, and why some of those who have systems, rent on the cloud technology as it has never stopped, whereas where I live, we have electric stoppages and internet goes dead. Yes, I have redundancy, but cloud is nearer to exchanges and always open. And a quarter is a yawn.
What does "most" mean? They either do or they don't. Every broker I have ever dealt with receives them as an order and they are stored on their computer. People put them in, log off and go on about their day. I think you're wrong on this one Handle.
exceeding μ ± 3σ is less than 0.3% but.. here somebody gets SL Market is an excellent example why taking statistics as a basis can result in blow out.
Looked back over my charts and don't see evidence of any rapid move, so it was most likely a blip in your data feed. The arrow shows the price at bar close at 4:30 AM ET, and the next bar to the right closed 25 minutes later. That includes the time you're talking about based on the timestamp of your post and subtracting 15 minutes. The lines point to price. As you can see by the range it wasn't drastic, and in fact up, not down. (It is Oct CL, and Sep CL shows the same "normalcy").
%% Sounds right; but i think Handle is right on the .25 yawn.Even though, coming out of the shopping center this month, someone had dropped/lost a nickel[ $00.05]+ it was stuck/fixed on bubble gum. So i pulled out my key chain + levered it off.LOL And even though its a different market/cash market.......[stocks] IBD says ''do not quibble over a quarter[ $00.25] + miss the move''
Most people won't stop to pick up a penny. I think most would a quarter. I wonder if the day will ever come when people won't pick up a dollar bill. Along those lines, I wonder what percentage of the general population right now would walk by a $1 bill on the ground and not pick it up. Probably pretty low. That would make an interesting study.
I performed a mental experiment once about the "pick up a penny" thing, using my own experience as a baseline measurement. It takes me 2 seconds to see a penny, bend down, and pick it up. This translates to $0.30 per minute, which is $18/hour. $18/hour picking up pennies. This is a good ROI on the energy expended, I reckon'.