Len, here is log of my last 10-15 trades from Wed to Fri of last week. I did not trade today.
Sell 200 MSFT, 4:31, free trade, executed higher than bid at time of trade. Buy 200 MSFT, 0:01 Buy 100 DELL, 0:04 Buy 300 DELL, 0:04 Sell 300 DELL, 0:01 Sell 200 DELL, 4:35, free trade, plus 5 free trades to cover loss. Sell 400 ASND 0:03 Buy 200 DELL 0:05 Buy 400 ASND 0:02 Buy 200 DELL 0:01 Sell 200 CSCO 0:06 Buy 200 CSCO 0:06 Sell 400 ASND 0:05 Bought 400 ASND 5:39, free trade, plus 5 free trades to cover loss.
All orders were market orders. most buys between 9:45-10:30, most sells between 12:00-3:30.
Last free trade prior to these was 7/9. And prior to this was 6/24. I generally don't have problems with them "making good" on poorly executed trades. But I must admit, the most I've ever lost was $100 (1/4 point on a 400 share trade). I generally call any time a trade takes greater than 1 minute. Also, their markets orders are either very fast, or very slow, there's not much in between. |