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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: NW_Trader who wrote (25105)9/25/2001 3:20:35 PM
From: SnowShredder  Read Replies (1) of 59879
 
Hi Patrick

Sorry to hear about your long/mid term accounts. Concentration is very important in this volatile market.

The TS platform seems very good...I haven't figured out how to program on it yet...but used the historical data(goes back to 1970 on daily)...to look @ some past bottoms. Their L2 is a hair faster than eSig...so I use their L2. The order entry is really easy to use after you get used to where the buttons are...1st 2 days lost ~2K making mistakes with order entry etc in the fast markets...but made up for the losses in the last couple of days. I find myself overtrading, making ~30-40 trades/day...with an average ticket ~20. I haven't traded 1/2 of today since I hit 40 trades...although I'm long VPHM. I like the order entry, as you can use many options, eg: show only, discretionary, PEG, Non-display, subscriber only, all/none, buy on -/sell on +. It has realtime account stats...although I can't seem to find the commission cost...I've been calculating them manually. I haven't figured out how to use trailing stops yet, but been using normal stops via HRZG & placing and canceling them in seconds. In the top right corner of the system it has a position bar which states whether I'm in the $(green in color) or under water(red in color), as well as the high/low $wise for the position. Overall, I like it...the speed of execution allows me to trade more effectively (although a couple time yesterday it froze and then unfroze in a second or two...maybe they were reseting their servers?)...BWDIK?

Best of Luck,

WHG?
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