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Strategies & Market Trends : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?

To: dealmakr who wrote (5657)	11/6/1998 8:22:00 PM
From: funk	Read Replies (2) \| Respond to of 12617

Wrong! <<< my cramer imitation. I am sorry, David, but you are mistaken. If you want to sell a stock you will get the bid price, your limit order will never fill if it is above the bid unless the bid comes to it. On the other hand while a stock is churning against resistance I can offer out and make a sale on the ask. So if we are both using limits at the identical price. I will get filled before you every time. And some times I will get filled and you will not and you will miss the exit. Same idea applies to buying. Sure some trades it wont make a difference, but many entries and exits will be compromised. You are experiencing slippage. You just didn't realize it. Don't shoot the messenger! good luck funk

To: dealmakr who wrote (5657)	11/6/1998 9:39:00 PM
From: Gary Korn	Read Replies (2) \| Respond to of 12617

I use Brown for trading and use limit orders 95% of the time,NITE is their trader David, Fidelity uses NITE (Knight Securities) as well (for stocks in which NFSC does not make a market). I've always appreciated the NITE executions. It would pay to have a backup system in place such as MB Trading, will be exploring that option soon. I agree. It definitely makes sense to have trading alternatives. As I posted elsewhere, also look into alternative ISPs for your internet access. Often, when the routers at one ISP go down (or some such problem), the other ISP is still running at full steam. Gary Korn