Yowzer
Supremacy Member
- Joined
- Aug 12, 2008
- Messages
- 7,508
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Would advise those who trade with SCB to avoid using them for now or be very careful. Some of you may have noticed sluggishness in their systems or problems receiving the OTP. Or other quirks. But I suspect the problem runs deeper.
Look my stop loss trigger price. Look at executed price.
Stop loss set at 108.68.
It was triggered at 112.75
The trading range that day (monday) was between 112-114. It never came remotely close to my stop. I had another stop that day. Both was triggered automatically very close to ending bell for no reason at all.
I'm not sure how they will account for this or anyone else who lose their position in event of a rally. Their stop loss now can trigger high above the actual set price. What if it only triggers way below the set price or not at all. This calls into question the reliability of their other orders.
Matter currently under investigation. Use at your own risk.
Btw, I do have a US brokerage too. But was using SCB for certain reasons.
Look my stop loss trigger price. Look at executed price.
Stop loss set at 108.68.
It was triggered at 112.75
The trading range that day (monday) was between 112-114. It never came remotely close to my stop. I had another stop that day. Both was triggered automatically very close to ending bell for no reason at all.
I'm not sure how they will account for this or anyone else who lose their position in event of a rally. Their stop loss now can trigger high above the actual set price. What if it only triggers way below the set price or not at all. This calls into question the reliability of their other orders.
Matter currently under investigation. Use at your own risk.
Btw, I do have a US brokerage too. But was using SCB for certain reasons.
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