Replies to post #6074 on Investor Help (NO Ihub questions)

[cintrix]

Ok, I'm glad you figured it out. So what was happening was that if I bought or sold something with multiple lots it would make those lots disappear after the buy or sell and just lump all of them as one position in terms of how many shares and not have any info regarding cost basis or dates. I haven't used the platform today - just traded a bunch of times out of Etrade, not Schwab so don't know if it is fixed yet or not.

[cintrix]

Just used StreetDumbEdge first time today and added to an already existing position and it updated ok. Fingers crossed but I doubt it is fixed. I've seen it do this randomly. One day it works fine another day it doesn't.

[cintrix]

You see this? Schwab is changing the way we reflect open orders within balances

We’d like to make you aware of an upcoming change in the way Schwab reflects balances in your account(s). On May 12th, trading and move money balances will reflect open orders.

What this means for you.
Balances will reflect open orders that, if executed, would decrease funds available for trading or cash withdrawal. Please take this into consideration when placing future orders.

What is the purpose of that? If the order is open but not executed why would they be deducting it from your balance? I use multiple orders daily - sometimes well below the current price just for luck sake. By doing this it will drain my balance.