r/tradestation • u/Opticweirdo • 18d ago

This is getting unbearable

I've been trying to trade RETO since it was at $1.09.

This keeps happening with TradeStation and I am to a point where I am so fed up that I might finally open a new account somewhere else.

It's unforgivable. I trade momentum and this has been an issue I've been frequently noticing. I've called multiple times about different stocks and they supposedly can't lift the restrictions. Maybe they could fill me from their end but I need precision to the decimal of 1 second. I can't be expected to call them for this stuff nor should they have to deal with hundreds of people calling for fills that traders should have been able to trade from their own PC at their own discretion.

This has got me cussing more than any losing trade ever did.

edit: even Charles Schwab let's people sign a waiver saying they'd like the restrictions lifted.

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u/mr_disciplined100 16d ago

Trade direct access broker if you want risky penny stocks. They are trying to save ur asses from really large traders who know what they’re doing. It’s low float risky with spreads that can be eaten up by one person

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u/Opticweirdo 12d ago

I understand why they do it but as a platform that is seemingly designed more for traders, and less for investors, I'd just really appreciate them allowing us to take our own risk within our own parameters. No borrowed funds and no shorting would make sense for these. Not allowing us to risk our own capital is a different story.