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To: Will Lyons who wrote (1183)9/28/2005 3:19:53 PM
From: Peter Dierks  Read Replies (1) | Respond to of 1277
 
A program trade is one that executes without human intervention. This morning two executed in my account. In retrospect neither was well advised. One was a sell stop, the other was an attempt to catch a falling knife.

I am just using simple parameters such as trade price to trigger the trade. Some of my program trades have worked out very well. Some of my trades have been terrible.