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DatDude

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DatDude

Re: None

Wednesday, 02/08/2017 12:29:24 PM

Wednesday, February 08, 2017 12:29:24 PM

Post# of 10029
I have a question for the more experienced traders. I have various brokerage accounts: Fidelity, Trade King and TDAmeritrade. I've always purchased penny stocks through Fidelity since they don't charge outrageous fees that are sometimes associated with penny stocks. Anyways, I was trying to place stop limit orders through Fidelity and it wouldn't let me. I'm assuming it has something to do with it being penny stocks and that brokerage doesn't have the platform to support those types of exit strategies. Does anyone know if I'm correct about this? If so, do you have any recommendations as far as which brokerage to use that is: 1)relatively cheap per trade, 2)allows stop limits on penny stocks and 3)doesn't charge a boat load in fees for penny stocks?

I'd really appreciate your help. :)
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