Momentum Daytrading - Tricks of the Trade Message Board

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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade

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To: Marc D. who wrote (1224)	7/1/1998 10:31:00 AM
From: Colin Cody	Read Replies (1) of 2120

Marc, Using SOES would have probably gotten me 1k and the MM on the inside would have pulled away. sometimes payment for order flow can be a good thing. . Exactly! Even of the MM is not on the inside quote he might go to bat for you (part of the SERVICE he agrees to provide as part of a payment for order flow agreement) and locate/obtain stock WITHOUT going to the inside quote. THEREBY preserving the inside quote "as is" while you get filled as they "work" the order. . I have NO problem with order flow payments. Just as long as I know who's payin' who. . Colin

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