SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Final Frontier - Online Remote Trading
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Eric P who wrote (7417)6/3/1999 10:26:00 PM
From: TraderAlan  Read Replies (1) of 12617
 
Eric

<Otherwise, you will have to attempt a fill several levels above the ask to get filled once the stock turns up. Conversely, you might sell your long position several levels below the bid price, once the stock turns>

So true. It takes away the alleged advantage of EDTs over discounters. EDTs were hyped to reduce/eliminate slippage . The net result is you get the same fills as those times when pay-for-order-flow MMs at discounters turn off their autofills!

May I suggest the problems you raise suggest their own solution? Your execution strategy must be opposite to the current short-term swing. Then you're almost guaranteed a good fill.

Alan
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News