myTrack service from Track Data Message Board

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Non-Tech : myTrack service from Track Data

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To: Nutty Buddy who wrote (467)	4/6/2000 5:42:00 PM
From: AlienTech	Read Replies (1) of 571

Mytrack used to be great, My friends swear by it. And I have cut way down on my trading after I moved there. The only problems I saw before was the routing to herzog, who tries to make a market in the stock and you end up loosing if they cant make money cause they broadcast their sell order and other MM's seeing it will sell/short the shares first and then go on the best inside bid to buy your sell order cheaper. So its better if you sell it yourself in parts rather than have them do it. You pay more in commisions, but you end up selling at yoru price than a 1/4 or 1/2 lower.. for a 100 shares thats 250-500 bucks.. splitting it into 4-5 trades cost you 60 bucks.. ofcourse in a high volume stock this is not such a problem. If they just fix some of these minor problems and inform the customers a little more I think they have a kick ass system. But as it is right now, I am having night mares and chest pains. The main part is keeping the customer informed on what is happening. Which is why I am having migraines now too. Usually it is not a problem as the hosts are able to explain all the little problems or help you work them out. Well time to go on vacation soon anyway.

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