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.
Posts: 3255 | From: Los Angeles California | Registered: Jan 2006
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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.
Posts: 136 | Registered: Dec 2004
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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.
Posts: 205 | Registered: Dec 2005
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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...............
-------------------- Pax, Stephen
Roses are red: violets are blue: I'm schizophrenic, and so am I... ;-) Posts: 29 | From: Dayton, OH | Registered: Jan 2006
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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. "
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...
-------------------- Let the world change you... And you can change the world.
Ernesto "Che" Guevara de la Serna Posts: 4669 | Registered: Mar 2004
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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.
Posts: 11304 | From: Fort Worth, Texas | Registered: Mar 2005
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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.
Posts: 3255 | From: Los Angeles California | Registered: Jan 2006
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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.
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).
Posts: 11304 | From: Fort Worth, Texas | Registered: Mar 2005
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