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Re: boxergirl post# 49555

Friday, 02/17/2012 7:11:05 AM

Friday, February 17, 2012 7:11:05 AM

Post# of 116986
Scottrade does not accept market orders on penny stocks. However you can put in a limit order which will trigger a buy at or below your designated limit price. The limit price is simply saying this is the most I want to pay for xyz stock. If the price is lower than your limit price it will be filled accordingly. As far as selling try a trailing stop price which will trigger a sale at or below your designated price. Hope this helps.
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