Should I be upset? - Business, Finances and Investing Forum

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Should I be upset?

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01-08-2013 , 12:12 AM

FML25

newbie

Join Date: Jun 2009 Posts: 34

I have an account with TradeKing. Today I had an open limit sell order for a stock I hold. The stock price hit my limit today and then went back down (it even says so on the "day's range" field in TradeKing), but the sell order did not trigger.

Is this normal? Does it have to do with how many buyers there were at that price? Should I complain to TradeKing or just suck it up?

Thanks.

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01-08-2013 , 12:29 AM

The Financier

veteran

Join Date: Nov 2008 Posts: 2,322

Usually the bid has to be your offer price for it to fill no?

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01-08-2013 , 12:51 AM

FML25

newbie

Join Date: Jun 2009 Posts: 34

So even if it traded at my offer price, that doesn't necessarily mean that the bid was ever at my offer price?

Thanks.

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01-08-2013 , 01:20 AM

The Financier

veteran

Join Date: Nov 2008 Posts: 2,322

It doesnt necessarily but I mean it is so little shares I'm guessing (compared to institutional orders) where your shares should have been filled. But when you put it in the order, it probably went into TradeKing's system and I'm guessing it didn't go bid at your limit price.

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