Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Steve Lee who started this subject	1/31/2002 12:27:37 PM
From: Alex MG	Read Replies (3) of 99280

Warning for E-turd users. Yesterday I had a position in TYC and as it continued to fall I decided my maximum pain was $26.35, so a placed a "stop-loss" order there. Then for some reason they sold my sh's at $28.5. The low was $27.48, my stop loss was $26.35. Luckily I bought back the sh's at $29.43 and placed a "trade inquiry" as to why my stop-loss order was executed. Looks like a pretty cut & dry error and I should receive an adjustment of $.93 on 1000 sh's... But today they tell me due to "fast market conditions" blah blah blah, NO ADJUSTMENT. If I had not been around to see the stop-loss get filled by error and buy them back on my own I'd currently be out $6000 since I sold at end of day for $35.7 What a crock O' $hit!

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