Excuse me for asking the obvious, but being new to this I want to make sure I'm not missing something. I used to trade in 100 lots, but when the market slowed I started buying 25 shares at a time... So that's against market rules???? I want to operate by following the rules, but wow, for a new person, it's nice to experiment with smaller investments. Thanks Kris
The system gives fills at the last print, or the last odd lot print? If a market is 33.01 - 33.04 and the last print is 33.02, what is so special about getting 33.02? This is not an antagonistic post. Just trying to get to the heart of the matter. Can you provide an example of one of these trades when it works?
Odd lots piss me off.They shouldnt be allowed.And IB and other brokers shouldnt be allowed to sell odd lots out of their clients accounts to satisfy margin calls.
Hell yeah. If you can't afford $362,875 of Berkshire Hathaway, you shouldn't be trading. Fucking odd lot pikers. Martin
For an order size of 100, what's the most it's been chopped into? For me 80 and 20, which was annoying, because I paid two trading fees I guess, but then I learned to click all or nothing. Doesn't that prevent odd lots? I orderd 25 of something the other day and got 20 and 5.
for pete's sake you were trading OIH oil industry HOLDERS go to the website and research the HOLDERS etf's they are supposed to only trade in 100 share increments.
Btw, berkshire trades on 10 share lots... anyone knows at what price stocks stop trading on 100 share lots and move to 10?