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Strategies & Market Trends : IRS, Tax related strategies--Traders -- Ignore unavailable to you. Want to Upgrade?

To: Mark Z who wrote (601)	12/5/1998 2:58:00 PM
From: Colin Cody	Respond to of 1383

Mark, Thanks for the MBT info. My first month will not be too active. I've done 8 tickets so far. May not even hit the 50 "minimum" tickets in December. This is a LEARNING EXPERIENCE for me. My regular account is still my active one. Example of why I need time to learn: On Thursday I was studying ONSL expecting a rip. Because of the SLOWNESS of my current broker (browser based) I need to anticipate these moves at least several minutes in advance. So anyway I see ONSL ready to rip from $50 up to to ??? (it actually went to about $57 in 5 minutes) I got everything set up in MBT and when the move started, I clicked "BUY at market" 1/8th off the bottom. MBT sent a message saying I have no margin available! Missed the trade. Still never resolved WHY the system stopped the trade. MBT's IRC said to download and reinstall software, which I did. I gotta get very, very comfortable with MBT first, THEN I'll move more activity into it. Until then I use SEOL for quotes and WSE for Browser-Broker on a more active basis. I LIKE most of what I've seen in MBT so far. On day this week my SEOL stopped quotes for an hour. MBT was there working just fine! Reading S.I. a number of quote servers went down that day for an hour. Lucky for me I had MBT RT3 quotes online and working! Colin