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Strategies & Market Trends : Trading For A Living -- Ignore unavailable to you. Want to Upgrade?

To: Darren who wrote (826)	7/9/1998 12:05:00 AM
From: gbh	Read Replies (1) \| Respond to of 1729

One thing Cybertrader added is an ISLD book, where you can see all ISLD orders on the Bid/Ask in any particular stock. This is freely available on the internet at isld.com I use it just about every day. BUT, the real value in having such a setup is when selling or when scalping wide spreads. Say it's 50 1/4 x 50 3/4. Yes, I can see the benefit here. But the stocks I feel comfortable trading amount to a universe of about 5. MSFT, DELL, INTC, CSCO, ASND. These rarely have a spread greater than 1/16. It sounds like you use ISLD quite a bit. Do you end up getting a lot of partial fills, or is this just a Datek thing?