Tradestation trouble

Discussion in 'Retail Brokers' started by asd123, Feb 28, 2007.

  1. asd123

    asd123

    I can't place any trades. All my orders are being rejected.
    Reason : Liquidating Trades Only - Compliance setting.
    Is anyone having the same issue?
     
    #1     Feb 28, 2007
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  2. asd123

    asd123

    tech support 24/7, is what tradestation claims. I called and got an automated message, call back during regular business hours. yeesh!
     
    #2     Feb 28, 2007
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  3. Baron

    Baron ET Founder


    It sounds like a margin call to me. Did you have a lot of open long positions through the big downmove yesterday?
     
    #3     Feb 28, 2007
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  4. asd123

    asd123

    I had two open positions, but they were both profitable.
     
    #4     Feb 28, 2007
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  5. chauncey1

    chauncey1

    May be you was holding more than the margin requirement, even on a profitable trade.
     
    #5     Feb 28, 2007
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  6. asd123

    asd123

    Problem solved, I was supposed to liquidate prior to the first notice date. My status was changed from active to liquidate. Rookie mistake I suppose. Thank you for your posts.
     
    #6     Mar 1, 2007
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