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that is an inherent danger of penny stocks...they are very hands on

the rules your broker carries is common with many firms and is meant to protect you...of course ;-)

I haven't heard of a way around it without going to a broker that doesn't have that rule...I tend to "watch" those pennies all day and ride them getting in and out as DTs instead of ST...that way I stick to my mental stops...I don't worry about limit orders

Mental Stops vs real Limit orders placed on the system...this has been discussed in the Den numerous times...it takes a great amount of discipline to adhere to a mental stop and place the trade...(instead of thinking - oh, it'll come back up)...

it all depends on your trading style

jnk
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