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.

Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: GT who wrote (9235)	11/7/1998 7:13:00 PM
From: mammoth	Read Replies (4) \| Respond to of 119973

"an execution system that will get me in/out at the market in an instant - every single time" Such a system does not exist, IMO. At least I have yet to find one, and I do have a RTIII account, in addition to several others. And I have tried many more. Good luck on your quest, and please let me know if you do find that holy grail.

To: GT who wrote (9235)	11/8/1998 7:45:00 AM
From: H-Man	Read Replies (1) \| Respond to of 119973

Yes the GERN was fun, Much of execution is dependent upon skill of the trader... all the time is a tough statement, I actually get excellent fills in schwab, as they make their money on commission not on spreads. More an issue of navigations, human computer interface, confirmations and no HTML, for the data to paint the HTML also clogs the pipeline. All of these things slow the trader down. With RealTick, KillKey etc, it is literally point and Click, function key execution, moving only data accross the network, not pretty pictures. MBT etc.. provides you the opportunity to exit prior to the market, in the GERN case exiting pre market could have been very profitable, as trades were goingoff in the 27-29 range, the 20 minutes you mentioned is ridiculous, I got filled at 20 1/2 on Schwab, and although the confirmation took 7 minutes, I executed at 09:31. I am moving all my profits on this to MBT, have enough now for a decent margin ;) In the mean time, you might consider entering limit sell below the bid sometimes, see if that helps, I know some Datek users do this in the Mtrader room, and claim success. This would not have been wise to do on GERN, or any opening as you would not really know what is below the bid cause of the opening and quote delay. good luck