Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : CYBERTRADER -- Ignore unavailable to you. Want to Upgrade?

To: Darren who wrote (501)	5/7/1998 7:08:00 PM
From: Marlin C. Harmon	Read Replies (2) \| Respond to of 3216

I like this thread and from the looks of the recent posts we should be able to have a discuss on the best way to get the best executions out of the Cybertrader software. Recently I traded into a stock(1000 shares of BLSI) and felt very comfortable in the potential of making at least 1/4 point. In a few minutes sure enough that 1/4 pts was flashing at market. I quickly scanned my keys for the safest quickest method of exit. I thought to myself, "The miracle SMRT Keys should provide the quick sell that I need." I quickly touched that SMRT MKT SELL key and -----was rejected with the message "Size greater than allowed SM level" on the warning screen. Frustrated I tried placing the order through Island and the price was dropping so fast that it would take it. I then went to the next powerhouse, the SNET keys and finally got out with a 7/8 pt loss. There is more, the order was automatically routed to INCA which charges a surge charge of more than $16 for each order it sells. I would like some suggestions for some of you top gun traders as to what route you would try to improve this order of execution. This software is great but learning to use it effectively is key.