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Strategies & Market Trends : STEAMROLLER'S DAYTRADES -- Ignore unavailable to you. Want to Upgrade?


To: Wayners who wrote (61)8/13/1998 7:58:00 AM
From: STEAMROLLER  Read Replies (1) | Respond to of 1561
 
there are no stop limit orders using an ECN. you can have pre-determined trades and prices loaded in an execution box waiting to be sent to save you entry time in a run. when you want out fast you have to go SOES or market order and you get filled right at the bid. on PSIX, i put my order in then had second thoughts, i got filled so fast by the time i cancelled i got a confirmation, just seconds. i chose to sell at the bid and eat the spread at the time. SR