myTrack service from Track Data Message Board

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Non-Tech : myTrack service from Track Data

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To: Jeffery _C who wrote (133)	10/17/1999 6:17:00 PM
From: bruce bell	Read Replies (1) of 571

I am going to stop trading with a company that sends all the work to HHG a very slow market market. MyTrade does several things that is wrong!!!!! 1. If you don't type in the amount of a stock you want and use the pull down menu instead the order goes back to the previous order so you buying some more went you all trying to sell but you buy at the top price since it goes automaticlly change the price to a higher price. Oh they will tell you that you should have read the second window. That's hard to do when time is very important to daytrading 2. If you try to buy at the bid trying to hit a mm with your price and the same number shares you what to buy and they mm so no your order get transfer to HHG as a marketable order meaning you can not cancel the order all day long. HHG will fill 500 shares out of 1000 and now you don't now what ot do! This is called selling the order flow and Trac Data makes money from this move that build in. PS: Their beta package does the same without this second window. I have lossed $25000 on these two moves . Now you want me to ask me again! if you shuold you go with MyTrade! Forget it go with Cyberx using qcharts if you use L2. They don't sell their order flow!!!!

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