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#1
13th November 2005, 08:42 PM
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Online Brokers and Stops
ICICI permits only 2 types of orders, Buy Orders and Limit Orders. According to them the Limit order has to be renewed EVERY day so one has to login and do it, while the Buy order stays in place till filled. They don't even know about trailing stops.
Do other online brokers also function the same or is there any leeway in the placing of orders? Is it possible to define a stop loss and have it in place till cancelled? Last edited by pasha; 13th November 2005 at 10:05 PM. 
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#2
14th November 2005, 11:47 AM
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Re: Online Brokers and Stops
Quote:
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#4
16th November 2005, 12:31 PM
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Re: Online Brokers and Stops
I use Indiabulls..and once again same problem here.. all orders only valid till end of day.. so i have to login everyday and renew the order if i want it valid for next day too...
I'm getting a feeling all online brokers are this way..any exceptions???
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#5
16th November 2005, 05:36 PM
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Re: Online Brokers and Stops
Actually it is now made compulsary for all brokers that order are good for day only.
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#7
18th November 2005, 06:09 AM
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Re: Online Brokers and Stops
even if u put offline after 3.30 it is going to expire...........so its good for investors.......
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