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Re: Internet Broker



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No, I called Preferred Trade just now and asked about this.
Not only do they not allow OCTO orders, but you can't even
place multiple orders as given below.

CyberCorp does allow the entry of the orders as given below,
but does not allow OCTO orders.

In metastock, Dan Cash <dcash@xxxxxxxxxxxx> wrote:
>Try: Preferred Trade.com
>
>http://www.preferredtrade.com/
>
>Ed Montero wrote:
>
>> Does anyone know of a Internet based broker where I can use OCO (one cancels
>> the other) orders with stocks (not futures)?
>>
>> What I want to do is;
>>
>> 1- Enter a trade
>> 2- Enter a target
>> 3- Enter a stop
>>
>> If target is hit, then I want the stop to be cancelled automatically.
>> If the stop is hit, then I want the target to be cancelled automatically.
>>
>> I think CyberCorp does this, but the stop and targets reside on my computer.
>> Does anyone know if it can be done with orders held at the broker?
>>
>> Thanks and sorry for the off-topic question.
>>
>> Ed Montero
>