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Pastimes : ETRADE Sucks! -- Ignore unavailable to you. Want to Upgrade?

To: Diamond Jim who wrote (2188)	4/14/1999 10:05:00 PM
From: RickT	Respond to of 3262

Sorry, I meant limit order when I said sell order. You can't place a stop order AND a limit order at the same time. When you'd like the best of both world's, you can't have it. i.e. stock is at 100 You'd like to sell if it hits 110. You'd like to place a stop loss order if it goes below 90. Can't do it at ETrade. Their exact reply: We do not currently offer the ability to enter a limit and a stop orders to cover both sides of the market. If both orders were to execute you would end up selling two times the number of shares that you have in your account. Our system does not have the ability to cancel one order if the other executes. You can either place a limit order above the market price, or a stop order below the current market price. We are exploring the possibility of changing this at some point in the future.