E*Trade (NYSE:ET) Message Board

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Non-Tech : E*Trade (NYSE:ET)

ET 16.25

-0.9%

Dec 26 9:30 AM EST

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To: Early Out who wrote (4628)	2/1/1999 1:30:00 PM
From: justin savage	Read Replies (1) of 13953

I'm from TN...there it's a 'butt load'...anyway...I understand that the order would need to be canceled after an edit...but based on their user interface it seems that responsibility is in their hands. I am a new trader, but I do know computers and transactions...if you 'edit' an existing order, you should be safe to assume you are not placing a NEW order. If the order has already been executed, your 'edit' is just cancelled. It is the same as database transaction processing. The edit has no effect until the order is confirmed to be executed or not. It shouldn't be labeled 'Edit' if that isn't the case. Any more thoughts?

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