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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?

To: THE FOX who wrote (7489)5/21/1999 9:36:00 AM
From: Bernie Goldberg  Respond to of 18928
 
Hi,
Using AIM I don't have problems like that. AIM generally keeps you within a 20% range which is acceptable to Waterhouse and most other brokers.
My guess is that a 40% range would create too many unexecuted orders and be a book-keeping nightmare.
Bernie



To: THE FOX who wrote (7489)5/21/1999 11:17:00 AM
From: Gary  Respond to of 18928
 
Fox

Waterhouse will not accept limit orders that are more than 20% higher or lower than the current market price. You have to keep track of this yourself and place the order when the market is within their parameters.

Regards,

Gary


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