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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: Eric P who wrote (7417)6/4/1999 4:56:00 AM
From: E. Davies  Read Replies (2) of 12617
 
Any successful momentum trader will tell you that one key to success is the ability to get your orders filled
Boy did you hit that one on the head. I had trading nailed till I actually started daytrading for real.

I finally had to give up my RT3 broker for a discounter so I could get better fills! If you have a stock going against you there was no way I could get to the ECN's faster than more experienced traders with better setups. Not even close.

Not having instant order entry/cancel forces you trade slightly slower stocks and skip trying for the ultra quick scalp but in reality those tend to be high risk ventures anyhow.

Still looking for the broker that has it all. Would kill to get Datek with a reliable realtime order entry system.
Eric
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