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Watch out about the brokerage:Some brokers will charge one brokerage per order, regardless how long it will take to be filled, and yes, you can change and move those unfilled portions around for weeks if you wish. Westpac does it that way.Others will charge a brokerage each day a part of your order is filled; but they will allow you to place a number of smaller orders - take several bites at the same cherry, so to speak - and bundle them on one contract note. PariTrade, Pershing, AOT Online do it that way.
Watch out about the brokerage:
Some brokers will charge one brokerage per order, regardless how long it will take to be filled, and yes, you can change and move those unfilled portions around for weeks if you wish. Westpac does it that way.
Others will charge a brokerage each day a part of your order is filled; but they will allow you to place a number of smaller orders - take several bites at the same cherry, so to speak - and bundle them on one contract note. PariTrade, Pershing, AOT Online do it that way.
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