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Investment Strategies / Mechanical Investing
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Author: BrerBear   😊 😞
Number: of 3957 
Subject: TradeTriggers@TDA; INTRADAY % price drops
Date: 10/12/2023 10:15 AM
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At TD Ameritrade, they had a trading feature on the Trade Triggers page where I could place a Trade Trigger order for prices that dropped a given percentage from THE PREVIOUS DAY'S CLOSE. Useful for snapping up a stock when there was a short, sharp price decline. The price drop out might be less than 5 or 10 minutes, far too short to take advantage of it without the trade trigger programmed.

Alas, when TDA merged with Charles Schwab, they did not bring over the handy TT feature, and they have told me it is not in their current planning. Is anyone aware of any broker that does have it available?

I made some great buys using TDA trade triggers, and plan to leave Schwab if I can find it elsewhere.

(The TDA TT could also be used for the inverse, selling when a price spikes. FWIW.)

TIA BB.
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