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

To: brec who wrote (8282)	5/5/2000 4:35:00 PM
From: OZ	Read Replies (1) \| Respond to of 18137

This seems to me a deficiency in Island's software No, it is a lack of knowledge of the product. Or it is a restriction imposed by one's software. What you describe is only for IOC (immed. or cancel) orders. Many times people refer (incorrectly)to these as Fill or Kill orders. An IOC order says give all you got at this price then cancel. The software is doing exactly as it is told and not deficient in some way. Ask your broker if the software can place non IOC limit orders. For clarification, Fill or kill is just like an IOC order except it is all or none and does not exist on Island. regards, OZ