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Strategies & Market Trends : DAYTRADING Fundamentals
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To: Rick Faurot who wrote (1050)6/19/1999 1:00:00 PM
From: TraderAlan  Read Replies (1) of 18137
 
Rick,

<I certainly agree that there are a few veteran traders who have never clicked with L2 and fast execution multi-route systems. I contend that these traders are a very small minority>

The majority of ALL traders are still trading through discount brokers rather than EDTs. Your statement implies they must be all failing. In fact, I suspect the success rate remains higher with discount brokers than EDTs, probably because discount systems don't disadvantage traders who don't want to make 50 to 1000 teenie trades per day.

Alan
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