QUOTE(warbamboo @ Jan 14 2008, 07:15 PM)
i see..so basically you can set a cut loss option so that you the system automatically sells off la when the buying/selling price is at that point.
sounds cool, but yea you could use the sms service instead, but wouldn't that be too late either unless you set the stock price to fall around 10cents or 20 cents higher than your cut loss point.
wonder if they will create such a feature for online trading.
i think the SMS service simply reminds you only, doesnt automatically trigger a sell instruction. am i right?sounds cool, but yea you could use the sms service instead, but wouldn't that be too late either unless you set the stock price to fall around 10cents or 20 cents higher than your cut loss point.
wonder if they will create such a feature for online trading.
QUOTE(Crossbone @ Jan 15 2008, 10:38 AM)
majority of brokerage firms uses the same online trading application,which is provided by N2N
you can park higher to sell,but cannot lower to sell.
If you do that,your order will be taken as a market order.
Same thing as a buy order albeit its the opposite,can park lower to buy but cannot park higher to buy.
So,if you are planning to buy a stock automatically when the price breaks a level,you can't
ya, but even that, we have to log on everyday to give instruction on buy/sell, it cant be done automatically, thats the problem.you can park higher to sell,but cannot lower to sell.
If you do that,your order will be taken as a market order.
Same thing as a buy order albeit its the opposite,can park lower to buy but cannot park higher to buy.
So,if you are planning to buy a stock automatically when the price breaks a level,you can't
if there is a system that can sell/buy at target price everyday until order is done would be great.
Jan 23 2008, 05:22 PM

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