Question about lawsuit for broker

Discussion in 'Retail Brokers' started by lasner, May 12, 2021.

  1. DevBru

    DevBru

    He did not, but that isn't even relevant.

    GTC orders are never canceled at the end of the end of every day, with possibly a few exceptions like IB has.

    Quote from CME website:

    "Traders can also place orders that are valid until cancelled by the trader. These orders are typically called Good Till Cancel (GTC) orders and will remain active until the trader cancels the order or the order is filled."
     
    #51     May 13, 2021
  2. lasner

    lasner

    No I didn't, I have a life and a business. Maybe I'm doing stuff and not living in my Mother's basement.
     
    #52     May 13, 2021
  3. MrMuppet

    MrMuppet

    My bad then... thought silver was still traded on two different systems. It's been a while
     
    #53     May 13, 2021
    DevBru likes this.
  4. d08

    d08

    With that attitude, you deserved the loss. Maybe stay away from trading.
     
    #54     May 13, 2021
    DiceAreCast and DevBru like this.
  5. lasner

    lasner

    The order was already executed it has nothing to do with a GTC. Even if you sign a form that says the broker is exempt from all responsibility and you hold all of the responsibility. That may not be legally binding in a court. i own a brokerage, you cannot sign away responsibility. You can have people sign that but that does not mean that will hold in court
     
    #55     May 13, 2021
  6. MrMuppet

    MrMuppet

    Hey dude, no need to insult other people. You made a mistake and you're responsible for it.
    This is trading. Mistakes cost money. Deal with it.
     
    #56     May 13, 2021
  7. MrMuppet

    MrMuppet

    So when the order was executed, where is the issue? I think you confuse order placement with order execution, right? If it was executed, you would have been filled
     
    #57     May 13, 2021
  8. lasner

    lasner

    Do you even understand the question? There is an after hours market in Silver, do you get that. If a stop loss is not properly executed it will not go into effect in the after hours market. My God, this is why I will never post a question on here. A lot of Liability disclaimers do not hold in court. If I sign something that states the broker isn't liable, that doesn't mean he's not liable. The court will have to decide that.
     
    #58     May 13, 2021
  9. lasner

    lasner

    The issue is in the stop loss and the advice that is given on the stop loss.
     
    #59     May 13, 2021
  10. lasner

    lasner

    No, he insulted me and he can't even read a question. I'm not going listen to his insults
     
    #60     May 13, 2021