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Strategies & Market Trends : Position Trading Forum

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To: Tim Luke who wrote (260)8/12/1998 8:08:00 PM
From: Rashid Garuba  Read Replies (3) of 7247
 
Tim,

Good thread. I trade at home with E*Trade. Considering other trading options. The ocassional 5 - 10 minute delay in confirmations is killing me. I use cable and PC Quote. Today a market order when GCTY was at $44 1/2 got me a $51 confirmation after GCTY had bounced at over $51 3/8 and returned to $47 (10 mins and an angry phone call after I placed the order). I have filed a trading inquiry and will close my account with them if my entry is not revised to the mid $40's. This is not the first time it's happenned. Fortunately I have won 90% of my complaints (Trade on average over 100 trades/mo.)

Most annoying as GCTY did exactly what I expected. Of course, as I waited for a confirmation my hands were tied and couldn't sell at my planned target of $50. Any ideas on LII trading systems I can use at home??

Rashid
In SEEK at 26 7/8.
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