man I got skrewed by choicetrade today. I put in a 8 percent stop order and this morning I saw that it didnt go off because it said expired when I just put it in yesturday. Then I also found out that choicetrade picked up more shares for me instead of selling them this morning so I had twice as many loosing shares. I lost an extra 5 percent because of all this. I assumed they sold my shares so I checked to late. Is this what I get for cheap service or was this just a fluke? Does this happen a lot to any other people, ive never had a problem with ameritrade but it cost more. Im trying to decide whether to just keep my ameritrade account or choictrade.
Posted by treemoney on :
the stop was my falt. I was used to ameritrade, there trade triggers last 30 to 90 days or so. I didnt realize I needed to reset my stop every day so it was my falt not choicetrades. Costly mistake.
Posted by Machiavelli on :
geeeezzz was about to say lol when you set the stop/losses you have to indicate for the Day Only or GTC (good til cancel) ... if not GTC you have to set it every day...