The Final Frontier - Online Remote Trading Message Board

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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: steve goldman who wrote (3879)	4/25/1998 8:23:00 PM
From: TFF	Read Replies (1) of 12617

Steve: I do anywhere from 2 - 10 trades a day but I would not consider phoning orders for the simple reason that if the market starts to tank there just isn't time to phone in orders before you incur huge losses. Don't get me wrong - I would love to phone in orders. I just think logistically it's not feasible. Daytraders don't have the luxury of time that positions traders have. Unfortunately I HAD to phone the order in when I got caught short on SEEK because my system was reading my positions incorrectly. And yes I got killed on the fill, getting 3 points higher by the time I had gotten through to the trader! p.s. I think we had this discussion before didn't we;)...oh well

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