Datek Trailing Stops

Discussion in 'Retail Brokers' started by rrisch, Aug 14, 2002.

  1. rrisch

    rrisch

    Have the the GTC variety been working? I was told by one of the people who answer the phone, that, right now, they are reset every night. Thus if you have a 7% trailing stop on a long position and that position goes down only 5% every day, the stop will never be triggered. :mad: I think they were working properly previous to today.

    Has Interactive Brokers started theirs yet?