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.

Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: DayTraderKidd who wrote (3222)	11/25/1998 9:37:00 PM
From: Thomas Sterner	Respond to of 43080

Everyone: Be safe, be well...and be thankful. Tom

To: DayTraderKidd who wrote (3222)	11/25/1998 10:49:00 PM
From: AlienTech	Read Replies (4) \| Respond to of 43080

One line trading sucks! You can always get to a full service broker since all the wana be traders dont use them due to the high execution costs. After loosing money in the 6 figures at this point I am willing to pay 3 or 4 figues/execution if they can expediate my order at times I cant get it done at trying times. I aint kidding, the few times I have been locked out of on line trading systems during periods I lost over 10k each time. And then there is the trauma which really takes a toll on your entire experience and now I dont day trade even. With that I think the charges for systems like MBTader, ABWatley, JPM etc are worth every cent of the 500 or so bucks they charge a month just to gain access to the different MM's. Not saying they also dont konk out at times, But it is nothing like the others where you are at the mercy of the MM's clearing your broker. They all use some software with Real Tick III, or cyber trader. I cant begin to say how usefull such systems are since the 2 or 3 times an year you really need something like this is more than worth the excessive transation costs. Dont fall for the ETurd crap where they provide you with something similar but still the crappy executions. After all if you were short MALL today at 35 and it started rising, I think ETurd would not have been able to cover you before it hit 45. While the RTIII or such system would have got you out before 40.