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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade
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To: steve goldman who wrote (953)4/14/1998 9:14:00 AM
From: JB Cocallas  Read Replies (1) of 2120
 
TO ALL:

My coworker just completed a trade with Steve at Yamner.
Stock was CYBG yesterday. Scott, had just opened an account
with Yamner and bot CYBG at 13 or so.
Scott placed a GTC order to sell at 14 1/8.

The folks at Yamner are for real!!! We checked cybg intraday and
the high was 14 1/8 Scott and I though they may have traded it
because he bot at the bid. Well, CYBG wakes up and runs to
17 1/8.

What did the folks at Yamner do??

You may expect that the order went off at 14 1/8 NOPE!!

They held the order and sold into the close for Scott making him
and extra 3 points over his GTC order. THAT"S how it's supposed to
be done.

So all you on-line guys tell your computer to make those kind
of decisions.

I don't mean to be coy but I noticed a post over a year ago where
Steve invited someone to visit their firm for a few days. This
caught my interest and since I've been following Steve's posts.

Now, I'm going to get my applications and transfers filled out
and get the "edge" with the folks and yamner.

PS this post was unsolicited.
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