posted
Make sure to call and cancel or modify any orders you placed today and didn't go through. They have been held until tomorrow.
If you don't cancel they will be executed tomorrow.
BigPayOut
posted
Thanks for the heads up pennies!!
New_Ventures
posted
why what happened ?
SincereX13
posted
Mine sat there for a long while but eventually it did go through at the price I set even when the stock fell later below that level
jat35
posted
Thanks Roger! Another wonderful performance!!
wallymac
posted
They had problems with th modify and cancel buttons. If you placed a buy or sell it should have gone through and just been delayed in reporting it to you. I had to call the local office to place an order that I wanted to modify and wasn't able to cancel a sell. It's best to call your local office because they will know what went through and what didn't.
The Insider
posted
yea--it really messed me up today--couldn't buy or sell when I wanted too today or change my orders. Cost me alot of $$$. Even when I called the office they said they put my order thru, but still nothing happened.Oh well, hopefully tomorow it will be back to normal.
BuyTex
posted
Scotties's tech support ain't the greatest
bmwboyee
posted
yeah, it cost me money too. I tried to buy usxp on the way up at .0054, nothing showed to fill so it went to .008 which i would have gotten out at .0075 and now look where it is. i didn't find my trade in my account till after it fell. i am moving my account, they have cost me too much.
85yrs till retirement
posted
I had an order to bail on usxp at .0061 but started having issues. I Thought that it was just taking a while and I missed the bid so I tried to cancel. :-( I phoned it in and stuck with usxp.
I was going to try and buy back in at .004 or something, but in retrospect I am thinking I did not miss the bid and could have bought back in like I planned!!!!!!!!!!!!!!!!!!!!!!!!!! Oh well.
So now... I bought more usxp at .0043 and will see what happens tomorrow...............
Machiavelli
posted
one word... Choicetrade... none of those problems so far..
tippytwo
posted
quote:Originally posted by Machiavelli: one word... Choicetrade... none of those problems so far..
Choicetrade seems like the most logical choice for playing pennies.
Why people keep wasting $$ at Scottrade is beyond me.
If anything, the stop loss orders from Choicetrade are enough to switch.
-T2
tippytwo
posted
Update!
I discovered tonight, upon logging into my Choicetrade account, that stop orders can not be placed on stocks that are under $1.
This is disappointing and was under the impression that you could place stop orders on stocks under $1 at Choicetrade.
The $5 trading fee is still much better than Scottrade.
This is right from their FAQ:
"Stop and Stop Limit A stop order becomes a market order when the market price of a stock equals the stop price. Please note that this does not guarantee that your order will execute at the stop price. Once your order becomes a market order it will execute at the best available market price. If you wish to achieve a certain price you must place a stop limit order, which means your stop order will become a limit order when the market price reaches your stop price. While you may be protected on price, a stop limit will not guarantee an execution. You can only place stop and stop limit orders on stocks over $1. "
-T2
Machiavelli
posted
What it says and what they do is the difference.. i been putting stop/orders on all my stocks under $1 per share for like a year now lol .. go ahead... put a stop/order on your stocks under $1 ... you will see it will go through.. i put mine for Day Only though and change it manually daily after market hours accordingly...
bdgee
posted
tippytwo, Mach... is right.
I NEVER let a stock sit without a stop. Mach.... says he uses "Good for the day" stops.....I generally use "GTC" and update them through the day. The Choicetrade system makes altering a stock order very easy.
The Choicetrade system not only takes stops under $1, but I can assure you from experience, they sell the stock when the stop price is met, even with a $0.0032 stop (you may need to use a stop limit (which is my habit), I don't know.
wallymac
posted
I use Scottrade and I think it's a trailing stop/loss you are talking about. I can do limit stops on under $1 but not trailing stop/loss.
tippytwo
posted
quote:Originally posted by wallymac: I use Scottrade and I think it's a trailing stop/loss you are talking about. I can do limit stops on under $1 but not trailing stop/loss.
News to me..I can't do regular stop limits on stocks under $1 at Scotty.
-T2
bdgee
posted
quote:Originally posted by wallymac: I use Scottrade and I think it's a trailing stop/loss you are talking about. I can do limit stops on under $1 but not trailing stop/loss.
Nope, it isn't a trailing stop loss I'm talking about. I can, but don't use traiing stops on Lowtrades (on Choicetrade I can't).