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Strategies & Market Trends : DAYTRADING Fundamentals
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To: marketbrief.com who wrote (4122)9/16/1999 10:38:00 PM
From: Matthew L. Jones  Read Replies (1) of 18137
 
Market brief,

I have found that by the time the ISLD orders start getting large (i.e., lots of ISLD depth) it is too late to jump on board. I usually have targets (using T/A on 2 minute chart) in mind and when I see the momentum slowing but not yet stalled, I jump on. That way I can be first in line on the ISLD book and maybe even get filled <g>. I've often wondered if I could jump to the inside by going up (or down) 1/64 from the inside quote. My broker allows ISLD orders in 1/64's although most do not. Would this work? Matt
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