LastShadow's Position Trading Message Board

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Strategies & Market Trends : LastShadow's Position Trading

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To: Paul A who wrote (3233)	11/26/1998 9:46:00 PM
From: JD	Read Replies (1) of 43080

I had an issue with ETrade a couple of weeks ago that cost me dearly. As usual Etrade was running very slow. I was tring to get an order executed as prices were going up. ETrade was not executing and occasionally I would get an Insufficient funds message. So I would cancel the order check the account - Plenty of funds... Put in another order ... Well I ended up putting in 2 orders - I'm guessing one of the orders I canceled was already executed but there servers were so slow in notifying me I didn't get a notice. Anyway I had sold off one position at a profit then the stock dropped about 30% and I was notified by Etrade that they were calling my second transaction back. Had I known I even had them I'd sold out at a profit with the other shares but as it was I ate it. Not a happy camper. jds

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