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Strategies & Market Trends : The Player's Club

SPY 671.91

0.0%

Nov 14 4:00 PM EST

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To: Compadre who wrote (1703)	11/30/1999 10:34:00 AM
From: Gersh Avery	Read Replies (1) of 11513

had a nice reply .. then the SI post pirate stole it. Your order is time stamped by SI. Your order is effective the first tick of that one minute time bar. I'll post this and then add to it .. Market orders: take the high trade and the low trade and average them. if the average is not on the .25 tick round to your favor. (.25 tick = x.0, x.25, x.5 or x.75) post again before it gets stolen again Limit orders: Your limit order goes into effect the first tick of the one minuet bar identified by your post's SI time stamp. Limit exception: If, on the first tick of your one minuet bar, the market has blown past your limit target then you use the market rule for your entry price .. OK .. let's see if the post pirate gets this one ..

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