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Non-Tech : A.B. WATLEY - THE ULTIMATE TRADER!

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To: tom pope who wrote (907)4/7/1999 12:17:00 AM
From: Gary Korn  Read Replies (2) of 2045
 
I'm trying to execute trades on Watley, but I'm not being successful thus far. Problems:

1. Too many partials with ISLD trades. It is a real bummer to pay full commission to pick up a 50 share partial, particularly when you then have to pay another full commission to sell that 50 share partial.

2. To avoid the ISLD partials, I'm trying to Selectnet AON orders. Problem was, today, I must have entered a dozen different orders to buy INTC as it was running up from 127 to 130. None of them executed. I kept entering the orders at the current ask, which remained current for a time, but the orders just wouldn't fill. In fact, the only time I ever filled was when the stock stopped moving up (and, of course, I would have preferred these fills not to have occurred). Interestingly, I got so put out by this that I started entering INTC orders through the Fidelity web-site. These orders -- entered at the current asking price (or bid price for shorts) all worked, and were executed. Question: Is there any way at all to replicate this through Watley???

Thanks in advance,
Gary Korn
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