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Strategies & Market Trends : Position Trading Forum

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To: Tim Luke who wrote (810)9/1/1998 12:55:00 PM
From: BarbaraT  Read Replies (1) of 7247
 
Be careful with Discover Brokerage ... (originally Lombard) ... they always have problems during heavy volume days. Last year I had a stop order on AOL and could not get through on the PC, phone service or live broker for over an hour and the stop went through. Obviously, it then went back up and I was out and could not even get through to replace the order.

Same thing happened with them today ... 45 minutes on hold. Had a limit order in on LU wanted to cancel ... again, ended up selling it and making nothing!!! Could not get through. They never have enough brokers, and their computer/phone service always goes down.

Be careful.
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