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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: scanshift who wrote (3654)9/6/1999 2:37:00 PM
From: TraderAlan  Respond to of 18137
 
Scandude,

Great to hear from your illustrious self. Good luck in fighting the good fight. Hope justice prevails, whatever that really means in this case <g>.

I haven't used the CyberX market order for execution. I did try it in the demo and it filled as much as 1/2 to 3/4 above and below. The CyberX manual warns that it will get you in or out by expanding away from the inside until it finds someone who will fill you. Dangerous but I suppose it has its place.

My comments regarding RTII and Arca refer to my lousy experiences last year using Real Tick in general, and Arca in particular. I kept chasing my way in and out of the market then with major slippage. Honestly don't know whether I've gotten smarter or the systems are better. The most important thing I needed to know last year that I didn't is how urgent it is to keep the ISLD book in front of you at all times. Doing so stops the cross/lock reports (which CyberX seems to have a better handle on than Arca) and lets you find tiers in the most liquid stocks where you aren't sitting in a huge crowd of Islanders.

Alan