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Strategies & Market Trends : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?

To: Don Green who wrote (2062)	12/30/1997 9:26:00 PM
From: funk	Read Replies (1) \| Respond to of 12617

Whatever Don, I just wish you could take the miliseconds required to read the whole post before firing off one of your rants. I am convinced you STILL didn't read that sentence yet, you just SAW it and got cross-threaded... oh well funk

To: Don Green who wrote (2062)	12/30/1997 9:46:00 PM
From: TronicEye	Read Replies (5) \| Respond to of 12617

Don: I wholeheartedly agree with you on putting more importance on studying market movement than trading speed. Still, once one has been successful in the former, the latter suddenly takes a close second in importance, especially if a market becomes wicked-volatile. I have been routinely paying/losing a 1/4 point or more to get in or out of a trade using Datek in fast markets. And it isn't always possible to use resting orders, since the stock may not hit it. Maybe I shoudn't be trading fast moving stocks with a web-based broker, but sometimes that's where the money is. I will be going to a high-end, institutional quality broker in early '98, because saving that 1/4 point will more than make up for the higher commisions and fees. For a position/swing trader, this would not be as important, but I am a daytrader. Again, I say this with full appreciation for your advice that a trader be right (at least more often than he/she is wrong!) about the direction of a market. That is #1 in importance.