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To: Sarmad Y. Hermiz who wrote (2689)11/13/2002 1:30:16 PM
From: Robert O  Respond to of 13403
 
ot

hee hee also learned a new lesson. I have a gross profit of about $500. Less comm. and fees net profit is $150. My 4000 share buy and sell orders are put in and cybertrader system fills through as many ECNs as possible to complete order. It helps me to get good fills fast, it also costs! Unless I tried to use say just ISLD which would help offset some but not majority of fees, this kind of share lot with tiny spread just don't cut the mustard. While profitable with rel. little risk since there is so much liquidity on AMAT around whole numbers, one bolt away from the fixed play in the wrong direction w/o time to get out would wipe it all out. I like the 10k share plays with tight stops better ;-)