All About Penny StocksUnderstanding Penny Stocks
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Cancelling / Changing Open Trade Orders
You may change your mind on an open order and cancel it.
This is quite simple to do (contact your broker for details) but you will be responsible for prior fills. In other words, if 1,000 shares traded from your account in the time before you cancelled, this part of the trade is irreversible.
Changing orders is also an easy task, and the details will differ depending on your broker. You are still responsible for prior fills and you can not change the stock in question, or the volume. (If you want to change the stock or the volume, just cancel the one order and make an entirely new one).
You will be able to change the order between market and limit, adjust your price, or alter your duration.
- Cover
- Welcome to the Book
- All About Penny Stocks
- About Penny Stocks
- What Are Penny Stocks?
- Big Stocks vs. Penny Stocks I
- Big Stocks vs. Penny Stocks II
- Big Stocks vs. Penny Stocks III
- Why Trade Penny Stocks?
- Where Do Penny Stocks Trade?
- Getting Started in Penny Stocks
- Learning The Ropes
- Paper Trading
- Trading Stocks
- Buying Penny Stocks
- Selling Penny Stocks
- Cancelling / Changing Open Trade Orders
- Monitoring Your Stocks and Trade Orders
- Getting a Good Stock Broker
- Where to Research Stock Brokers
- How to Choose the Winners
- Advanced Strategies
- Penny Stock Case Studies
- Secrets of the Insiders
- Information Sources
- Questions and Answers
- Bonus Features
- Appendix
