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Yes you have a good basis for an arbitration complaint. You'll hear a lot of
comments about whether or not it is worth it....none the less....file your claim.
AMPWood@xxxxxxx wrote:
> Earl and Real Traders,
>
> I have been putting up with LFGs elect order and Cubs being down for sometime.
> Let me also tell you what happended in the last 2 days. I bought one S&P at
> 127970, the price ran up and I put a stop at 128030, the price came down and
> hit the stop level, considering the lag time on price entry on the down Cubs,
> I figued the stop wasnt in , So the price runs up and I do a cancell and
> replace at market .
> Leo finally shows my buy and a sale at 128250. So I figure I am out for the
> day. At about 7:00 PM central I look at my email and LFG shows the buy at
> 127970, the sell at 128250, and also a sell at 128030. So I call the globex
> no., tell them my situation,
> and buy one at 128010, so that I think I am flat. The next morning , on
> Globex I buy an S&P at 127500, the market starts going aganst me and after the
> phone at Globex,LFG, ringing for 5 minutes , I get out of the trade at 126710,
> a big losses for me. I then get a call from LFG that the 128250 wasnt my
> trade so I am long from
> 128010 with the market at about 126800, so I dumped the trade at 127050, this
> was a $4,400 loss which pertty well wiped me out. Do you or any real traders
> thing I have a basis for abrttration?
>
> Thanks,
> Dennis
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