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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: MMK who wrote (2440)12/22/1998 10:19:00 PM
From: Hands Off  Read Replies (2) | Respond to of 56535
 
Hey MMK - yea misery likes company and all that

Check out pristine.com - Dealing with Gaps the Professional Way. I mean it is all there and I had read it before. I just got caught up in the heat of the battle and blew it. Well I sold my ONSL into the GAP which was good, it was the MALL buy that was bad. Anyhow, I am holding MALL - after buying back in the afternoon (limit order this time) and will check out the opening very closely. I did not like that downgrade posted by someone on the MALL thread. GULP.

Frankly, I like COOL better longterm. I have a trail version of TC2000 and the proprietary indicators they use are more positive for COOL. They were that way yesterday but when I saw all the action in MALL this morning I could not resist - greed, greed, greed.

MB Trading and Executioner look very similar. They both seem to be associated with Tera Nova (dont know if that is good or bad as I seem to recall reading bad things about a Tera Nova branch somewhere) and provide Level II and order entry.

The software is $300/mth. If you do 25 round trips (buy & sell is 1 trip) - ie 50 trades a month the software is free from both - they make their money on the commissions which are, I think, the same. With the Executioner, if you make 49 trades it is still $300. MBT prorates the $300 if you make less than 50 trades but more than 25. Not sure of the exact cut but something like that.

HTH and let me know what you think.