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


To: kaz who wrote (1596)10/27/1998 10:40:00 PM
From: LiveWire  Read Replies (1) | Respond to of 7382
 
kaz,

I'm very interested in hearing how JPR Capital turns out for you. Best of luck there!

Geez! Talk about being prepared! You must have been an eagle scout.

Stay away from those very high volume, fast moving stocks until you are very comfortable trading with real money!

BTW, I'm not with MBT either, but I wouldn't recommend my company.

Steven



To: kaz who wrote (1596)10/27/1998 11:05:00 PM
From: wily  Read Replies (1) | Respond to of 7382
 
Well, how did your paper trades turn out?



To: kaz who wrote (1596)10/28/1998 12:24:00 AM
From: Rick Faurot  Read Replies (1) | Respond to of 7382
 
Paul,

You are better prepared than I thought and I see you are paper trading Dell. Dell is a very slippery stock to get executions on, so you might want to practice on something slower like NSCP or SEEK. I rely on ISLD or ARCA for most of my executions. I will try SOES if ISLD doesn't have the shares I want. I always use limit orders, never market. I feel market orders give the broker and the MMs too much room to pick your pocket. And you can get executed far away from where you'd like to.

Try all the routes and be prepared to spend some commissions money to get it down. I did a hundred trades in NSCP to practice executions when I started with MBT. It was good experience. I found out for myself what worked and what didn't. I recommend this type of practice.

Rick