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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (37682)5/1/1999 2:06:00 PM
From: dealmakr   Read Replies (1) of 120523
 
Hi Jenna,

The only broker that I am using now for options trading is Brown&Co. I will be opening an account with Yamner also, but haven't done it yet. The stops that I use on trading options are mental only. In putting on a trade I have a profit target as well as a stop loss point planned before entry. Brown has website and phone trading on options available, but at times there are delay periods usually the first 45 minutes of the day, thats why a great backup brokerage account is very important IMHO. I don't know if Brown has stop loss capability for options available. When entering a stop loss it allows that MM or specialist a glimpse into your strategy that he could possibly take advantage of on a momentary upspike or dip. I might recommend asking Steve Goldman if Yamner has this capability, I have heard the greatest praise by a lot of traders on their execution ability.

Good Trading

Dave
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