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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade -- Ignore unavailable to you. Want to Upgrade?


To: G.F. who wrote (727)3/18/1998 12:27:00 AM
From: Dave O.  Read Replies (1) | Respond to of 2120
 
< I have a question on attempting to enter a short at the ask:
When one thinks it is better to pref., how does one select a MM? >

Do you actually think a MM will buy shares from you at the ask? I doubt it. If you want to short at the ask your best shot is using one of the ECN's (INCA, ISLD, TNTO, ....) and offer it at the ask. If you want to short at the bid you can use Selectnet to pick off the MM you want.

Dave



To: G.F. who wrote (727)3/18/1998 2:33:00 PM
From: Ken Wolff  Read Replies (3) | Respond to of 2120
 
G. F.

It depends on your execution system...With MBTrading it is done by selecting the MM on a level 2 screen...you need to call your Broker.

Good Luck

Ken
www.mtrader.com