LastShadow's Position Trading Message Board

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Strategies & Market Trends : LastShadow's Position Trading

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To: Paul A who wrote (3233)	11/26/1998 1:13:00 PM
From: AlienTech	Read Replies (2) of 43080

>>IMO people are being robbed but the question is, who is guilty? ameritrade or the market maker? << Well the MM's have like 60 seconds before they even need to look at your quote. So if there is a lot of people ahead of you that can take a while. This is where going directly to SOES/ISLD/TNTO/INCA/BTRD etc pays off. Rather than letting the MM's work your order in their favour you work your own order. I strongly encourage anyone doing more than a few trades a week to sped the 300-500/month to get direct executions. Just saving you the spread on that one trade usually pays for the entire year. Or get a broker like Yammer. I am not sure what attracts people to el cheapo crap like ETurd I mean ETrade or Datek which locks you out during any day with more than 200 point swings. The $10 or $20 you spend with them actually is costing your 1000's!

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