DAYTRADING Fundamentals Message Board

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Strategies & Market Trends : DAYTRADING Fundamentals

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To: dli who wrote (10389)	10/7/2000 10:11:47 AM
From: Wayners	Read Replies (1) of 18137

I don't have access to REDI and I have to use the phone to use INCA so I've never used it either. I take it you use INCA and REDI remotely and you just simply pick the routes on-screen. Sounds nice. I've noticed REDI on level II can post locking or crossing quotes, same with ARCA as you know. I find the biggest drawback to ISLD is you cannot lock or cross the market which means if that ISLD bid or ask I'm trying to trade with disappears then I have to try again again and maybe again and the slippage is expensive. With ARCA I can just cross the market and if the inside bid or ask disappears I don't have to try try try again. It gets me a fill. Tell me how INCA works with respect locking and crossing. I agree about the ISLD odd lots. I get pissed off when some dumb ass fills me for 1 share. People that can't afford to buy more than 1 share is a warning sign if they are now participating in the market.

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