Ameritrade Order Time

[raed]

Does anyone know how long it takes to fully execute a buy or sell order through ameritrade? thanks

[blaster]

I dont deal with Ameritrade but most renowned brokers are under and should be under 30seconds.

[Seamus]

Immediately.

I usually don't wait hovering over the buy key to execute a order. I usually put in a price that I want and place the limit order. I will run the streaming portfolio and chart of the stock that I am trying to purchase. With a little charting and gut feeling place my order to compliment my cost bases and execute the order. It is just about instantaneous when I see the price hit my target that my account then records the change.

I have only had one order not trigger, it touched the buy target price for a millisecond and bounced up.

[raed]

thanks for the input, because i put an order in to buy and it didnt go in for 25 min and then the stock went up so it couldnt go in anyways. i dont know why it couldnt go in in under 25 minutes but o well.

[yupyup]

What stock was the buy on?

[raed]

it was for ATLI when it was still .001 and then it went up and i missed out on it going to .007.

[yupyup]

With penny stocks your order can sit there for days at a time and not get filled.

I just checked Yahoo and its trading at .007 on a volume of 70k shares. Thats just $400 of trading on the stock.

Chances are it worked out better that you were not able to get in on this one.

[raed]

Well you are probably right but i also tried putting limit orders in before the stocks dropped for MTPW and MGEN which im hoping will drop to .0001 sometime but MTPW dropped and the order does not go in. ITs probably something i do but i just got frustrated.