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Non-Tech : Waterhouse Securities -- Ignore unavailable to you. Want to Upgrade?

To: Thean who wrote (247)12/19/1997 5:56:00 PM
From: margin_man  Respond to of 2076
 
Why would you want to place a stop loss order above the closing price?
I assume it's a sell order. If it is, then why not place it at a
limit price?
Your stop loss in this case won't get executed even if the stock
price continues to drop below the closing price because
it hasn't become a market order yet.

We know WH has changed their execution report for orders placed using
the Web. But one thing I don't understand why they didn't call
you when they canceled your order.

P.



To: Thean who wrote (247)12/25/1997 2:34:00 PM
From: Albert  Read Replies (1) | Respond to of 2076
 
Waterhouse is a "Trend Follower"

You guys complaint a lot about Waterhouse.
I think if you want to try on-line investing,
"Waterhouse" is not a real good choice.
I read an investment book. There is one chapter about evaluating
top brokerage firms. It said "Waterhouse is a trend follower, it
always waits and watches other firm's action before it
devotes itself to that kind business"

Why don't you try Charles shwab?


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