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Thread: How to trade OTC stocks?

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    Junior Member tony is on a distinguished road
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    Default How to trade OTC stocks?

    Hi,

    I never traded OTC stocks in the past and would like to know how I can trade them on-line?


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    Moderator TheStockDude is a name known to all TheStockDude is a name known to all TheStockDude is a name known to all TheStockDude is a name known to all TheStockDude is a name known to all TheStockDude's Avatar
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    Quote Originally Posted by tony View Post
    Hi,

    I never traded OTC stocks in the past and would like to know how I can trade them on-line?
    Should be no different than any other stock. Comission fee might be a little higher, and I would highly recommend using limit orders.
    "Wide diversification is only required when investors do not understand what they are doing." - Warren Buffett

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    Moderator DogDayTrader is a splendid one to behold DogDayTrader is a splendid one to behold DogDayTrader is a splendid one to behold DogDayTrader is a splendid one to behold DogDayTrader is a splendid one to behold DogDayTrader is a splendid one to behold DogDayTrader is a splendid one to behold DogDayTrader is a splendid one to behold DogDayTrader's Avatar
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    Second on the limit order, OTC stocks can fluctuate in price so rapidly you could end up paying more than you bargained for. Most on-line brokers charge a .5% commission fee for OTC orders and they may not take orders for every OTC stock.
    "The only thing that interferes with my learning is my education." - Albert Einstein

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    RLB
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    Fidelity allows online OTC trades. Fee based on numbers of shares bought or sold

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    Junior Member CubaHenry is on a distinguished road
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    Quote Originally Posted by tony View Post
    Hi,

    I never traded OTC stocks in the past and would like to know how I can trade them on-line?
    OTC stocks are like growing a puppy pit-bull. Let it get big and strong- take the bone away and run like you never liked it. Feed it and take profits as soon as possible.

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    Moderator DogDayTrader is a splendid one to behold DogDayTrader is a splendid one to behold DogDayTrader is a splendid one to behold DogDayTrader is a splendid one to behold DogDayTrader is a splendid one to behold DogDayTrader is a splendid one to behold DogDayTrader is a splendid one to behold DogDayTrader is a splendid one to behold DogDayTrader's Avatar
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    Quote Originally Posted by CubaHenry View Post
    OTC stocks are like growing a puppy pit-bull. Let it get big and strong- take the bone away and run like you never liked it. Feed it and take profits as soon as possible.

    LOL, now thats funny! Some sound advice too.
    "The only thing that interferes with my learning is my education." - Albert Einstein

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    Junior Member threeve is on a distinguished road
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    I have had much better luck playing the big boards than anything OTC or pinks.

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    Junior Member maritime24 is on a distinguished road
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    FYI TD waterhouse doesn't allow online OTC trading...

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    Junior Member kaskus is on a distinguished road
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    OTC are not that bad, just need to know were to hit them

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    Member Canada is a splendid one to behold Canada is a splendid one to behold Canada is a splendid one to behold Canada is a splendid one to behold Canada is a splendid one to behold Canada is a splendid one to behold Canada's Avatar
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    Quote Originally Posted by tony View Post
    Hi,

    I never traded OTC stocks in the past and would like to know how I can trade them on-line?
    Actually most of the broker should allow you to trade OTC stock on-line. But not sure about the pink share. ScotiaiTrade allow online trade for OTC stock, but doesn't allow on-line pink sheet stock trading.

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