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Strategies & Market Trends : Strictly Buy and Sell Set Ups -- Ignore unavailable to you. Want to Upgrade?

To: chowder who wrote (7198)	1/17/2006 9:43:18 AM
From: amoezzi	Read Replies (2) \| Respond to of 13449

Professor Dabum, When do you up your stops when you are long on a security? Is the a rule here?

To: chowder who wrote (7198)	1/17/2006 9:47:12 AM
From: eaglains	Read Replies (1) \| Respond to of 13449

Dear Dabum {or others using Ameritrade}, i am in on the EPEX play. i entered my buy limit order pre-market and got filled at $27.99. When i tried to set a stop at $27.35 it would not 'take it,' as i had {at the time} no position in EPEX. As soon as the market opened and i got my fill, i first placed a stop limit, but then when i tried to also place a {simple} stop underneath, the system told me to check my portfolio holdings quantity. In other words, it appears that Ameritrade will not accept both - is this so or am i doing something wrong? MUCH TIA {from a newbie} Your friend, mark PS - If it is the case that only one stop can be entered, which is preferable?