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price manipulation., page-8

  1. 2,629 Posts.
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    Hi yeppa27,

    I had a similar problem with a buy order with Etrade. The trading operator explained to me that if the spread between the buying price and the selling is 10% or more the order will be rejected.

    He told me a way around this is to place your buy order at a lower price and wait about 3-5 minutes and then amend your buy order up a little and wait for it to be approved and once that order is approved then amend your buy order up again until you reach the price you want to match.

    I tried it and it works just fine. Good luck.

    Cheers,
    Brantley
 
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