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

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To: Jay Baca who wrote (20945)4/13/1999 4:50:00 PM
From: SE  Read Replies (1) of 44573
 
The only comment I have is after tax season I am going to call LFG and discuss this issue with them. PMB is trying to get my business so maybe I will consider it. I got a guy down there that is going to call my after the 15th.

However, I am seriously thinking of changing my focus to the bond and that might change things depending upon how PMB handles bond transactions. I like how LFG has handled the bond so far. I know some firms are set up only for certain commodities and some are really set up just for the mini for example.

I have some checking to do, but I do not find comfort in knowing that at any time during the day the system might go down and my stop may or may not be good....I don't know if a previously entered stop is good after they stop accepting stops. This whole thing makes no sense to me. If I put in a stop it is for two reasons. One to keep me honest. Two to protect me if I cannot watch the market and would be away. Well if I am away, I don't get email.....so yes, I am concerned about this issue. If I cannot enter a stop I am trading at a severe disadvantage.

The spike you saw is one reason I am considering switching focus for a while. Bonds are a touch slower if you stay away from some key reports and if you day trade. Occasionally they act up, but nothing like the spoos.

-scott
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