How much exactly within daily high and low?

[babatunde akinyemi]

I observe that each time I ask my stockbrokers to sell a stock the transaction account always show that they sold at the lowest price for the day. When I give order to buy they always claim to have bought at the highest price the stock traded on that day the order is carried out.

Apart from subscribing to trade alert, are there any other ways that I can know exactly at what price, within he day's high and low, shares are bought or sold for me?

Awaiting your responses and personal experiences about this practice which can wipe out one's profit especially when bailing out on short time trade.

[Soweto]

Originally Posted by babatunde akinyemi

I observe that each time I ask my stockbrokers to sell a stock the transaction account always show that they sold at the lowest price for the day. When I give order to buy they always claim to have bought at the highest price the stock traded on that day the order is carried out.

Apart from subscribing to trade alert, are there any other ways that I can know exactly at what price, within he day's high and low, shares are bought or sold for me?

Awaiting your responses and personal experiences about this practice which can wipe out one's profit especially when bailing out on short time trade.

Sorry you have to go thru this but it is not a strange thing to the forum members. next time you want to issue mandate to buy or to sell,please put Bid price for buying or an offer price for selling. Rmember it is a fools business, a buyer and a seller must agree on price.
You know Nija factor,it has infected virtually everything we do as a way of living.
Case scenario, MR. A. visit a local shop to buy a pair of jean,Mr.B the owner offers the pair of jean at the cost of N2000 but Mr. A.didnt bargain and paid N2000. Done deal. another MR C came and bought the same Jean at N1600.

Summary: Mr B put a bid price of of N1600 bcos he didnt want to buy at market price of N2000. QED

Ask your broker not to buy at market price. Put a realistic price. Just last week I put a bid price to buy nestle and cardbury at any price bw N190 and 195 and 30.5 and 31.5.resp. And my broker bought within my range. If i hadnt put a bid price,he could have bought nestle at N200 and cardbury at N33.

I hope this helps

[olusolakemmy]

Originally Posted by babatunde akinyemi

I observe that each time I ask my stockbrokers to sell a stock the transaction account always show that they sold at the lowest price for the day. When I give order to buy they always claim to have bought at the highest price the stock traded on that day the order is carried out.

Apart from subscribing to trade alert, are there any other ways that I can know exactly at what price, within he day's high and low, shares are bought or sold for me?

Awaiting your responses and personal experiences about this practice which can wipe out one's profit especially when bailing out on short time trade.

soweto has said it all.
simply put price limit.
if the stocks are bought outside your price limit, you have the right to refund.