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Strategies & Market Trends : DAYTRADING Fundamentals
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To: Helge Collins who wrote (8287)5/11/2000 8:30:00 AM
From: eric012  Read Replies (2) of 18137
 
ISLD Subscriber and hidden orders are GREAT. All it means (if you have access to them) is that you'll get more executions and fewer partials (there is no downside)

Unfortunately, many brokerages don't support subscriber or hidden orders. That is a sad dissadvantage (but good for ME!). I didn't see what the value of these types of orders were until I watched a buddy trade on Cyber's software. They offer subscriber orders, yet NOT hidden orders. But, lets put it this way: the non-availability of subscriber or hidden orders at my OLD brokerage was enough to make me change brokers, once I saw what could be done with subscriber orders. That alone was enough to make me switch. Having (at that time) not yet seen "hidden" orders, I could only imagine how very very useful these would be.

And they are.
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