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Strategies & Market Trends : STEAMROLLER'S DAYTRADES

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To: J. Ramsey who wrote (1342)10/28/1998 9:59:00 AM
From: Wayners  Read Replies (1) of 1561
 
I just flipped EBAY near the open. Boy was that stressful. That sucker moves so fast and I'm not using an ECN. I put in a buy stop limit for $78 11/16--got a fill from Ameritrade at $78 5/8 and the thing was already up to $80--then I'm trying to enter a sell order and its up to over $81. I'm ready to put in a limit order to sell at $81 and I'm sitting there waiting for Ameritrade to process the order, I mean its taking over 30 friggin seconds and the price starts dropping. I had to revise down to a limit at $80 and got a fill at $80 1/4. You really need an ECN to do this kind of stuff. Made $1 5/8 (2.1%) :)
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