Daytrading Canadian stocks in Realtime Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: the Chief who wrote (4971)	3/29/1999 8:26:00 AM
From: NTT	Read Replies (2) of 62347

Just a little horror story of what happened to me on friday by greenline. I'm holding large amount of BII, have stops in with a LOT of room to spare. As the price moves up, I move the stops up. Finally it's trading around the $17.30 + mark. I put in a sell for $17.20 through greenline webbroker hoping to get in later in the afternoon at a lower price. Order is locked for over 15 minutes (BII still doing fairly well around $16.90 and holding steady) and then declined. Call in to greenline and they tell me that they can't confirm that my stop loss wasnt filled so they cant allow me to sell. WTF?! I tell them my eyes have been glued to the depth since opening and there is no way it hit my stop loss. I give them authorization to go ahead and sell, and I will cover within 3 settlement days if I'm proven wrong. "Sorry sir, we cannot do that because you have a cash account". "Ok fine, when can you have it confirmed then?". "It's a fast market, we can't tell you until Monday". Ok this is TOTAL BS. Has anyone ever had this happen to them? I have a considerable amount of money in BII and I lost a boatload on friday because of their crap. I most likely would have sold around $17 and gotten back in around $15. To top it off I have a presidents account with them too. I'm really annoyed. Just a cautionary story for everyone trading with TD and using stops. Be careful. They could screw you, like they did to me on Friday. I'm going to file a written complaint. Given the amount of trading that I do and the ridiculous amount of commissions that they have taken from me, I think it's only fair that I should be able to override something like that and give authorization to make the trade without confirmation. Anyone ever run into anything like this before?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next