I am sorry to say that I have not have such luck as yours. I have bad experience with them on several occasions. I am only sharing it with all of you. I wish I could say something good about them for handling the trading. Unfortunately, I cannot come up with any. This started January last year when I bought option and want to sell it. They cannot give me a quote when I called them up because the computer was down. Eventually, the option went from 1 3/4 to almost nothing in that day. Yes, they told me this does not happen daily. After that, I had several tradings cannot get any timely response when they moved to online trading. On one occasion, my order did not even placed after I checked with them by phone.
I do agree you probably can buy/hold with them. For online trading, I believe they just don't have anything you should trust at this moment. They have promised to upgrade the system for a few months but no date have been given. Recently, they did for one day and for whatever reason they have to roll it back. I hope they are sincere about serving the customers. If they want to get new customers from their massive ad campaign, they better have the system ready to serve them. Otherwise, they will only upset all the customers, new or old. Eventually, NONE.
BL
BTW, I placed an order again. This time, I placed the same order with another broker too. The status changed immediately with another broker but I see my order with Ameritrade go nowhere until a few hours after market close. Luckily, the price did not drop significantly for the stock I purchased. Did anybody experience the same thing today with online trading? I have talked to them several times but they don't seem to care what happened. |