What is the SEC standard for pricing (OTC) stocks in my broker acct? H/L Bid, Ask, Last Close?

An OTC stock (very stable, 100yo company) in my portfolio has suffered massive swings in price "most recent price" in the last week or so. I am not concerned about the stock, or the price. I want to be clear.

My issue is how my brokerage is pricing the stock.

Since its purchase, the stock appeared stable and matched the last sale price. That price was visible on otcmarkets and otcbb as well as a host of other sites.

A few days ago, the price was down 40%+/-. I called the brokerage and was informed that the price is based on "the lowest active bid". It took the trading rep 20++ mins to get back to me on this.

Today, the stock is up 47% which matches the highest active bid on otcbb and otcmarkets.

On their website, in my portfolio it states basically that securities are priced at days close and if that is not available, the last price traded – or something to that affect.

So, I am mystified at how this (all stocks, all OTC stocks??) are priced (by my brokerage).

What is the industry standard and SEC guidelines in this regard?

Why would a stock priced be based on a bid anyway? At least the ask is far closer indicator of price. When the stock is thinly traded is not the best price the price the stock last sold/traded at?

Do I have an issue here? Do I have a serious issue here? I am in the process of attempting to acquire a large amount of this stock and I am panicked by he price swings and the havoc it creates in my portfolio. Is this an issue that needs to be brought "higher up the food chain"?

For reasons I don’t want to bore you with, I can’t leave the brokerage for 18mos and this imo a critical time to acquire this sock.

My last emails have gone unanswered. An email response that was returned was full of generalities that had little or nothing to do with the issue – canned pap. Email prior to that still unanswered.

Please feel free to email me from an anonymous address if you fee any way liable. I need some answers.

Trading indicators are best used along with money management and good risk control, using trading indicators alone will not enable you to be a successful trader, even if you learn everything about swing trading indicators the market is just too random and unless risk is controlled, over time your account will slowly get wiped out, regardless how good a “trader” you think you are.

This question was about swing trading indicators and there have been some pretty good answers that should help in your trading, and especially in relation to swing trading indicators, the answer has been posted in the categories listed below:

Any good, solid, profitable Forex strategies?

I need a profitable, easy-to-follow Forex strategy. I’m a daytrader, so I need a good swing strategy. About 20 pips per trade will be good. Also, I have Meta Trader, so I’d appreciate good, custom indicators. Don’t give me MACD, RSI, Stoc, Moving Averages etc…

Thanks!

Trading indicators are best used along with money management and good risk control, using trading indicators alone will not enable you to be a successful trader, the market is just too random and unless risk is controlled over time your account will slowly get wiped out, regardless how good a “trader” you think you are.

Self-employed stock traders: What is your backup strategy?

I mean in the even that, for whatever reason, your trading becomes less effective and less profitable. Could be emotional problems, physical, competition and trading systems increasing efficiency – whatever.

Over the short term, do you have backup strategies? For example, do you trade intraday, but understand enough to be profitable at swing? Or maybe trade on level II quotes and time reversals intraday, but know how to use candlesticks and overbought/oversold indicators?

Over the long term, do you have career backups? A college degree that would allow you to hop right back into the work place? Maybe a safe million in a standard investing account, so you wouldn’t mind living off 10% market average (or more conservatively in bonds) while you sort yourself out?

Thanks for your help!

Trading indicators are best used along with money management and good risk control, using trading indicators alone will not enable you to be a successful trader, the market is just too random and unless risk is controlled over time your account will slowly get wiped out, regardless how good a “trader” you think you are.

Finding oversold stocks?

Has anyone used vector vest for screening stocks? Vector Vest does not have a RSI indicator ( at least they don’t call it a RSI ).
How would I search for oversold stocks? What fields would I use in my search.
I’m trying to learn swing trading but dont know all the technical analysis tools to use. This is starting out as just a hobby and maybe a way to make a little extra money. I’m pretty new so try and keep it simple. Thanks!

Trading indicators are best used along with money management and good risk control, using trading indicators alone will not enable you to be a successful trader, the market is just too random and unless risk is controlled over time your account will slowly get wiped out, regardless how good a “trader” you think you are.

swing trader can u help me.?

in swing trading, i use 1 month chart macd(12,26,9), stockastic(14,3,3), rsi(14). tell me if i am using the right chart and indicators with the right numbers. if i am wrong please tell me which one should i use.

another question is how do i know when the stock will bounce on a 1month chart.

Trading indicators are best used along with money management and good risk control, using tesnical indicators alone will not enable you to ne a successful trader, the market is just too random

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