1Yr·

Trade Republic does not execute my order at Buy In in 5,44€!!!

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39 Comments

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Yes I know what's going on, it's down to TR because they suck!!!
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Do you understand how a stop works, what an order book is and how it is processed in combination with the stop?
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Deleted User
1Yr
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@Iwamoto I can tell you exactly what happened.
He set a stop-buy as a market order.

This means that as soon as a certain price above the current price is reached, he buys until he has the previously defined number of shares.

IF "Price" > "X" THEN BUY TILL stock_ammount = "Y"

But what happens if price X is reached but there are no more sellers at this price?
Then the order book is searched for the order with the most favorable selling price.

If a lot of people do this at once, then the price shoots up, because many people are willing to buy at ANY PRICE above X, but there are not enough shares.

The same thing can happen with a stop sell.

There is no guarantee that your stop sell will be executed anywhere near your desired price. If there are not enough buyers at your "desired price", then you can't sell there either, no matter what your order says.

@Panu The stock exchange is not a concert of wishes, oh yes, and it has nothing to do with TR, they just pass on the order. This runs via LS-Exchange.

What can we learn from this?
Especially in illiquid penny stocks, you should work with limit orders and not with market orders. And don't trade outside the trading hours of your home exchange. 😘
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Deleted User
1Yr
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@Iwamoto I don't eat meat, but there are better brands than $BYND. In terms of quality, I highly recommend The Vegetarian Butcher. 😋

Yeah, I have ETH and SOL, but the truth is probably that I have a lot of ETH and a little SOL. 😅

To be honest, I have no idea where the best place is to buy them; I’m on Coinbase. They’re expensive, but
I also get better terms because I’m a long-time customer and have a trading volume of over $10,000

I’m with them because I consider them pretty safe—I’ve seen too many exchanges implode already.
I’m happy to pay extra for that.

But there are probably better companies in the EU by now; however, since I don’t plan on buying again and am gradually reducing my holdings, I’m too lazy to switch.
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@TotallyLost no, I just pressed buy xD, but the order didn't go through straight away
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@Panu Yes ok then
BUY TILL stock_ammount = "Y"

However, the basic problem remains the same.

You can only buy something if there are sellers.
If the market maker has no more shares, you won't get any.

As I said, this can quickly happen with illiquid penny stocks outside the trading hours of the home exchange.
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They want to take the piss, now over 100 share orders went off at €6.80 bruh
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@Panu And now? Did you sell?
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@Panu But, why have you bought?
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Presumably market order set. Then the error was definitely yours. It would not have been executed with a limit order.

And also note the spread between the bid/ask price. If you go by the displayed price (bid price), this cannot work either, as the buy price (ask price) is higher from the outset. Topic spread. This may also be the reason.

Think the error was probably not with TR but with the person in front of the screen.
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@Dividenden-Sammler Yes, I had also tried twice. Normal buy order was hanging in nowhere without being executed - but money was already gone in "Cash". Could only find the order directly under Beyond Meat and cancel it again. Push message for cancelation came at least 5 minutes later...
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why get in at €5 ?
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Better for you
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I guess this is just overload or the price is already higher...
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Taking the cheapest neobroker and then expecting 1a performance just doesn't go together.
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@Maverick4831 well, I looked at Finanzfluss Vergleich at the time... But I'm sure you know better, as well as your statement
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@Panu Even if the name "Trade" Republic suggests it, this neobroker is not really suitable for trading. This should have gotten around to you by now. They have their "little problems" during strong market movements.
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be happy
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@assistantregionalmanager his buy in was now 6.80👀
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@DasistderWeg I sold again straight away haha
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If you didn't bought it you are lucky.
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TR is the biggest garbage, in 2024 August transferred to Scalable Depo, and my BUY IN data not transferred until today, must go to the lawyer, BAFIN, arbitration board nothing brought so far
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Does anyone know why?
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@Panu Which order type did you use?
Limit? Market?
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@Panu Simply not executed. Cash was "gone", but no shares in the portfolio. Nothing under transactions either. I only found the open order when I clicked on Beyond Meat again. However, I canceled it as quickly as possible because I knew that it would be triggered "sometime" later. The push notification that the order had been canceled only came minutes later. I'm sure it was/is another TR problem!
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Turned my back on the club and joined SC.
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@TradingHase I have Finanz zero, but they also go through Baader Bank
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@TradingHase Unfortunately, there is no real-time transfer
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@Panu You mean like a current account? As far as I know, only TR does that.
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@TradingHase ne with the new Scalable Depot, real time has been working for me for a few days.
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@WarrenamBuffet Thanks for the tip. I have never needed it before.
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@WarrenamBuffet oha, when would I like to close my F Zero and scale?
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@Panu yes, I also thought it was stupid that SC somehow didn't have it and was very surprised when it was there after a few seconds :D
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@Panu I'm most satisfied with SC of the three mentioned. Feel free to take my advertising link from my profile, then we'll both get something 😉
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@TradingHase are there any benefits for me? :D
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@Panu Of course! At the moment, the referrer gets € 25 and the referrer gets € 50. 😉
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