Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

rxs0005

Could Not Get Filled Why Does This Happen

Recommended Posts

Hi Fellow traders

 

today i was following a stock and it came to my trigger price of 18.55$

 

i put in a limit order for 18.6 with AON checked so that i will definetly get the stock for at least 18.6$

 

for that minute when i pulled the trigger the stock traded from 18.49 to 18.57 and it did not get filled and it ran away upwards

 

i had called it correctly and i still missed out on this even though i had put in 3cents premium for that minute of the trade

 

why does this happen and also is it because the brokerage is quite pathetic i use scottrade.

 

do share your thoughts on this

 

thanks in advance

 

rxs0005

Share this post


Link to post
Share on other sites

Interactive Brokers.

 

No hand holding. Not terribly enjoyable customer service.

 

But a real trading platform that can deliver you the options you need. You will have to do your homework though.

 

If you're only a beginner at this stick with the likes of scottrade.

Share this post


Link to post
Share on other sites
Hi Fellow traders

 

today i was following a stock and it came to my trigger price of 18.55$

 

i put in a limit order for 18.6 with AON checked so that i will definetly get the stock for at least 18.6$

 

for that minute when i pulled the trigger the stock traded from 18.49 to 18.57 and it did not get filled and it ran away upwards

 

i had called it correctly and i still missed out on this even though i had put in 3cents premium for that minute of the trade

 

why does this happen and also is it because the brokerage is quite pathetic i use scottrade.

 

do share your thoughts on this

 

thanks in advance

 

rxs0005

 

I wouldn't be so quick to blame the broker. This looks like you don't understand what AON orders mean. It does not mean that you will get definitely filled as you thought and AON orders have the lowest priority. If this was an odd-lot order, your chances to be filled would have been even lower.

 

Make sure to Google the different order types so that you understand what they mean before placing trades to avoid issues like this. Not understanding order types can be costly, especially when you want to close a position.

Share this post


Link to post
Share on other sites
i put in a limit order for 18.6 with AON checked so that i will definetly get the stock for at least 18.6$

 

AON offers no such guarantee.

 

even though i had put in 3cents premium

 

Maybe I'm just old (and I'm really not that old), but that made me laugh - imagine, a 3 cent premium!

 

I still remember sitting in the bull pen and having the manager come in shouting, "We have 100k shares of xyz to go at 15quarter with 5/8ths gross!"

 

5/8th gross to the broker (that's 62.5 cents to you folks who think shares always traded in penny increments). Now that, my friend, is a premium!

 

 

Best Wishes,

 

Thales

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • MNST Monster Beverage stock, top of range breakout above 60.45, from Stocks to Watch at https://stockconsultant.com/?MNST
    • ...hallucinates.... Student: “What if we gave the monkey LSD?” Guru: “The monkey already did LSD”
    • Question: To those that had/have cancer, what were the signs that made you think “something is not right here” to make you go see a doctor? Answer: So, 5/25/2018, I woke up, got ready for work, and as I walked to my car, I started gagging. Like something was stuck in my throat and I needed to clear it. And then it went away.   But 10 minutes after that, I was T-boned at 40mph on the driver side door. But what made me see a doctor was while my muscles felt better and bruises were going away, the gagging still continued, I started having fevers, my neck felt swollen, I was having such a hard time breathing, and I'd have random sharp pains in my chest, but not from where the seat belt saved me.   2 weeks after the accident, I finally see an urgent care doctor, who looks me over, tells me I'm fine, but luckily requests a neck X-ray. And I ask for a chest X-ray, which he rolls his eyes but let me have (most of my pain was in the neck, so I understand).   The very next day, he calls and says “So, that chest X-ray shows there's a 4 inch mass on your heart and lungs, and your lungs have been filling up with fluid, as well as in your pericardial (heart) wall. We need you to come in tomorrow.”   Turns out the big mass, due to the accident, caused my heart and lungs to tear and fill with fluid, the swollen neck and gagging was caused by 2 metastasized tumors, and the fevers and weight loss were symptoms. Stage 4b Hodgkin's Lymphoma.   But thankfully, we went very aggressive with chemo (and had a lot of bad side effects that don't normally happen to patients), and now I'm about 16 months cancer-free. Yay lucky X-rays! Rachel Jurina, Quora Source: https://www.quora.com/To-those-that-had-have-cancer-what-were-the-signs-that-made-you-think-something-is-not-right-here-to-make-you-go-see-a-doctor   Profits from free accurate cryptos signals: https://www.predictmag.com/  
    • As a man, the reality of life is the harshest part. I don’t mind looking older or becoming weaker over time; it’s nature.   Have you ever heard that the only people who will be loved unconditionally are women and children? Men will only be loved as long as they can provide until they are no longer needed. It doesn’t matter if you already did your best to get your kids to the best school or get the best things for them, if you stop before they’re done with it, there will be no thank you. The only thing they will remember is that they have to quit school at 15, ignoring all the previous 15 years of life you provided for them. The only people who will accept you, no matter what, are your parents. But in this situation, you might be that ungrateful child.   EDIT: Wow, I didn’t think this would get so much attention.   For those who disagree, I can only say that everyone has their problem. If you don’t get the chance to face such a thing, be grateful. Remember, sometimes what you throw in the garbage is something that someone wishes ever to have.” – ElZee, Quora   Profits from free accurate cryptos signals: https://www.predictmag.com/    
    • The good thing i had noticed so far is that the traderpot value is also on the rise..
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.