Replies to post #10 on brokerage accounts

[Sportsjunkie]

the two biggest that i find annoying is the
5 minute marketable rule...
they can hold your order for 5 minutes without filing
you,but in the same time you can not cancel your order..
than after 5 minutes they allow you to cancel but they have 1 minute more to fill or let you out.
5 minutes for a daytrader stuck is a lifetime..

the thing is such a joke i call 2 minutes in or 3 minutes in and ask to cancel,they everytime single time they come back and say it is too late,and let's face it when you call to cancel,you are calling cause level 2 said you made a wrong move...

now the one minute lockout rule is another joke..
like today i had a sell in WNMI at .04
for 7 minutes the stock was over .04 and even went to
.0415 on the bid,so here is the real kicker at .039 x .04
i cancel cause the stock has now gone under my sell price and i still have to wait 1 minute and 30 seconds for them to let me out of my order and stock is now at .036 x .037..

that b.s put me 400 dollars down in those 2 minutes...