I am like you, with an occount at TDA.
But Id rather transfer money to trade to TOS because I think my commission might be lower.
However if you can put stops on spreads, I might try it on my 2nd PC and see how it works.
Can you tell if it takes stop orders on spreads?
--- On Tue, 11/10/09, drrobhansen <robhansen5252@
> From: drrobhansen <robhansen5252@
> Subject: [TheOptionClub.
> To: OptionClub@yahoogro
> Date: Tuesday, November 10, 2009, 4:30 PM
> I just got off the phone with
> TDAmeritrade. I was trying to unwind a covered write
> with a limit price, but the system wouldn't allow me to make
> the order GTC. One of their representatives was able
> to change it from a day order. It seems that with
> TDAmeritrade, any multi-legged option spread have to be
> placed as day orders unless you call and have a
> representative change it for you. I brought up the
> fact that I also have an account at Think or Swim and was
> looking forward to TDA's platform switching over to
> TOS. Well, as it turns out, the TOS platform is now
> available for TDAmeritrade customers. So if any of you
> are out there, click on "Trading Tools," then "Browse All
> Tools" and a large banner opens up giving you a special
> invitation to download the the TOS platform. He told
> me that it wasn't identical to the one us swimmers are
> familiar with, but it does have the capacity to enter more
> than two legs of a complex option spread at the same
> time. Until now, butterflies and condors had to be
> phoned in.
>
> I am personally afraid to download this new program for
> fear that it may somehow screw up my TOS desktop program in
> my computer. With me, Murphy's law always applies when
> it comes to computers. So, if anyone has a TDA account
> and not a TOS account and wants to download the TOS
> platform, I would certainly be interested in it's
> functionality and limitations. Better yet, if any TOS
> customers have the guts to download the TDA version, let us
> know if there are any conflicts. I've been an
> Ameritrade customer for many years, even before they were
> Ameritrade, and can't wait to trade my account in the TOS
> platform. Any input would be appreciated!
>
> Thanks,
> RFH
>
>
>
> ------------
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