Replies to post #9 on MyTrack Conditional Orders

[ChrisJP]

It comes down to how they programmed the system Wayne.

You will either have to ask or test it out ! <ggg>

Another thing I would be concerned about is just the basic fact that this is a real time transaction and database management system. Heck ! Even I've had situations where I've had a sell order, cancelled it, placed another order .. only to find out that BOTH EXECUTED and I was short X,000 shares. On an OTCBB stock no less.

Looking back, I should have kept the short position open, lol. :-)

Anyway I know you guys are constantly opening and cancelling orders lightning fast and I'd wonder just how long it would take for you to totally confuse the heck out of the database transaction locking mechanisms of MyTrac.

I know that they lost track of a huge position you once had, I just remember last year you guys having all sorts of problems. maybe it was because of the high OTCBB volume and those issues have been resolved.

I guess what I'm saying can be summed up by this: "Are you sure they have all the bugs worked out ?"

Good luck tomorrow,
Chris

[wjs]

Wayne,

I sent this question to Mytrack and the following is their reply. Thanks for the information.

"So I wonder what would happen on an OCO order if you had a stop for 1000 shares at 13.75 and a sell for 1000 at $15 at got partial fills on both sides?????"



Thank you for selecting myTrack. You should not get a partial
fill on both sides because once you get a fill on either side of
the order the other order is cancelled. If you have any question
feel free to contact us via email or phone [phone].
Thanks,
Dewayne

[Wayne R]

OCO orders could also potentially double your buying power.

Imagine there were 2 stocks you wanted to buy, didn't care which.

OCO will cancel 1 order when the second is filled.

I need to try this out, see what really happens to partial fills.

I'll waste $100 or so trying it tomorrow.

Wayne - PTGIDLMAOTT
This is not a recommendation to buy or sell securities. I have most likely purchased this stock before mentioning it (how stupid do you think I am???). If you wish to run it up 100% or more, I thank you in advance.