Do brokers not want traders to make money?

Discussion in 'Trading' started by efh1108, Jan 25, 2011.

  1. efh1108


    Here is where my question is coming from. Whenever I find a stong stock with a decent bid/ask spread, they only trade one a day or never or twice at best. If I put in an all or nothing order, it never takes. So, when I don"t do the all or nothing order, they will trade something absurd like 10 shares. So, even when they are up, I am lucky if I can even make commission. Can anyone else relate or know how to get around this absurdity? Thanks so much in advance!
  2. auspiv


    Get a new broker?
  3. chartman


    Yes, trade only stocks that have a marketmaker/specialist. They are obligated, under normal market conditions, to trade at least one round lot, usually 100 shares, if it is a market order in the stocks they are registered.
  4. What kind of crazy stocks are you trading that only trade once or twice a day?

    I never trade anything unless it trades at least 3 times a day.
  5. penny stocks
  6. no penny stock is going to fill you 10 shares
  7. Seriously guys? Sound trading plans I've seen require stocks to trade at least a million shares per day, have an ATR of $1 (current volatility permitting) and a per share price of over $10. Good luck! :)