What Does Scream On Mean?
A scream on is a trading term for a large, aggressive market order that is executed quickly, often at or near the current market price. Traders use it to enter or exit a position fast, prioritizing speed over price precision.
How Does a Scream On Work?
When a trader places a scream on, the broker or electronic system fills the order immediately using available liquidity. This can move the price slightly, especially in less liquid markets. The process is similar to a market order, but the size or urgency is higher.
Why Do Traders Use Scream On Orders?
Traders use scream on orders to capture time-sensitive opportunities or to exit risky positions quickly. They are common in fast-moving markets, such as during news events or high volatility. For more on market order types, see Investopedia: Market Order.
