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Strategies & Market Trends : DAYTRADING Fundamentals
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To: TraderAlan who wrote (6299)1/6/2000 1:53:00 AM
From: eric012  Read Replies (1) of 18137
 
Well, that doesn't exactly qualify as "arbitrage," but yes, it seems to work really well, especially when things are going nuts and a stock is trading all over the place. I can often get fills way below the bid... I use the "ISLD TRICK" to buy in and then I'll offer out well above the offer if the market' still crazy enuf. Seems I get fills 1/16th to 1/2 point outside. HOWEVER: had a trade broken the other day by ISLD... Bastards said the print was "clearly erroneous." I don't think it was, but that's life... But yes, oveall, the "ISLD TRICK" seems to work for me.
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