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Strategies & Market Trends : DAYTRADING Fundamentals
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To: OZ who wrote (752)6/14/1999 8:21:00 PM
From: TraderAlan  Read Replies (1) of 18137
 
Oz,

Mine is real easy. Brown and Co workflow is terrible for short sales but availability has always been good. There's a human link in their workflow which slows down executions.

So they are OK for limit short orders in slower liquid markets (but I primarily short only very liquid NYSE anyway). As a result, my shorts tend to be position trades and I haven't done many of those this year.

BTW I generally hate limit orders of any kind and generally use them only in fast markets to avoid getting screwed.

Alan
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