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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: walker v who wrote (1771)7/29/1998 1:32:00 PM
From: SE  Read Replies (2) of 44573
 
walker,

Thank you for the compliment. Although I am the least experienced of any, it appears I am the first answer.

As I am paper trading right now, I don't use real time quotes. In fact, my method is based off of the mini's quotes for now and I use the quote.com site for them. The mini is real time as the CME is trying to promote it and therefore they are not charging exchange fees. It is close to the SPOO, but not exact.

I have considered going the interenet route to trade as that is what I am doing with auditrade, a paper trading internet service that gives you accurate fills based on your order entry....trust me they are accurate, I get shit fills like anyone else! :) However, after discussing it and thinking about it, I am going to trade with the firm Patrick uses, EDF Mann out of Chicago. Their desk is right at the SPOO pit and their trader right next to the desk in the pit. They might cost a touch more than other firms or the internet, but one or two shit fills will cost you more than your share in commission fees.

That is my two cents.

-Scott
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