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.
Technology Stocks : E*TRADE IPO Alert - Y2K and Beyond (EGRP) -- Ignore unavailable to you. Want to Upgrade?


To: Bald Man from Mars who wrote (4409)4/6/2000 5:52:00 PM
From: 4 - Bob  Read Replies (2) | Respond to of 10270
 
Yes I trade options with the E*folks but it has its drawbacks. Option Orders sometimes seems unusually slow in executing. Option Trade Confirmations seem to usually take longer than Stock Trade Confirmations. Fills are sometimes lousy and often only filled when the markets have moved significantly against your order. Never, never use a market order with options if you want to keep your head in tack. The good news is that even if you don't get the best fills or timely confirmation, hugh gains (or losses) can be made very quickly in some of these volatile stocks that swing 20 +/- point a day. Also since the time is of the upmost essence, I never, ever let winners ride and take smaller profits quickly and often leave big potential profits on the table rather than risk everything changing on a dime.

4-Bob