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

To: mpg111 who wrote (9456)	7/7/2000 6:56:12 PM
From: exdaytrader76	Read Replies (1) \| Respond to of 18137

Watley explained that even the intraday stops are "limits" that could potentially not be triggered on a fast falling stock. They are not stop loss orders. Whoever you talked to apparently does not realize that you would just enter a stop order instead of a stop limit. Stop orders trigger market orders that will get filled. Watley is also BSing you about the "too many servers" thing. We use Realtick and have had stops available to clients for over a month. Townsend incorporated this feature with the recent RT version. We have an agreement with a 3rd party market maker, and they execute the orders. (and you do not have to be logged in) I have heard that Watley is ditching Realtick and coming out with their own software; that is probably why they do not want to go through the effort of making stop orders available.