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Strategies & Market Trends : Level II Trading -- Ignore unavailable to you. Want to Upgrade?


To: Silicon Trader who wrote (288)2/28/1998 2:25:00 AM
From: Street Walker  Read Replies (2) | Respond to of 1086
 
Nice package deal....so far...........but

do they require a minimum trades/month? If so, you will always
be sweating bullets to make trades. These Sweat shops can only
survive with high volume traders with adrenaline rushing through
their system.

If no minimum trades/month is required, then the deal sounds pretty good. All your services are free. This saves you $300/month compared to going with AB Watley or MB Trading where you trade at home.

This business is going to keep getting more competitive. $300/month
prices have seen their day and will have to drop to remain competitive to one another, among the other firms who will break into the instant execution market.

If you don't have the 25K capital, you are forced to go with MB Trading or AB Watley.

Remember, the pressure at these Sweat Shops can be immense. Don't lock yourself into any predetermined number of trades. Be your own boss.

S.W.