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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: violatrader who wrote (44197)6/11/1999 12:28:00 PM
From: SMALL FRY  Read Replies (1) | Respond to of 120523
 
Stops are different from limit as you know... stops are "almost" a must if you're dealing in the on-line trading business. A limit sell order will get executed by anything above that... since it is essentially a sell order to that price or better...

If you like trading there... flood them with e-mails, if they don't respond... move your account is my advice. There will come a time when stops will be very valuable... to me it's an indispensable feature...

SF



To: violatrader who wrote (44197)6/11/1999 12:35:00 PM
From: Joe Hoek  Respond to of 120523
 
viola,

If you put in a limit less than the current bid it will get executed as if it were a market order - not even close to being like a stop

There are "stops" and "stop limits" - quite different animals

Surprised that you can't put in a stop, but I've heard others including AB Watley don't let you put in stops on NAZ stocks - that's why I never switched from Waterhouse.



To: violatrader who wrote (44197)6/11/1999 12:42:00 PM
From: Rose K  Read Replies (1) | Respond to of 120523
 
Viola:

Which stock did you try to put a stop on? Dreyfus does allow stops online, but they have the following disclaimer:

Certain "STOP" orders on NASDAQ issues are contingent on market maker acceptance.

Good luck,
Rose