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Non-Tech : MB TRADING -- Ignore unavailable to you. Want to Upgrade?


To: LUANNE CLAY-RUSSELL who wrote (4111)2/28/1999 9:42:00 AM
From: wily  Read Replies (1) | Respond to of 7382
 
Since MB does not integrate the Island "Book" into their level II, you only see the BEST Island bid and ask. Also, Island quotes are consolidated at each price level so you see aggregate size. You will only see your order on Island if it is the best Island bid or ask.



To: LUANNE CLAY-RUSSELL who wrote (4111)2/28/1999 10:49:00 AM
From: vanj  Read Replies (1) | Respond to of 7382
 
Lu,
isld, most all mm, hides the bid/ask size if the bid/ask are not the
best bid/ask. your order is there in the isld ecn and it shows when
your bid/ask is the best bid/ask.




To: LUANNE CLAY-RUSSELL who wrote (4111)2/28/1999 2:23:00 PM
From: funk  Respond to of 7382
 
To: +Colin Cody (4110 )
From: +LUANNE CLAY-RUSSELL
Sunday, Feb 28 1999 5:58AM ET
Reply # of 4120

WHAT DOES ALL OF THIS MEAN TO US MB TRADERS? MY PROBLEM IS
THAT I CAN'T SEE MY ORDERS UP ON THE LEVEL ii SCREEN USING
ISLAND. I CANSEE THEM UP THERE IF I USE ARCA. WHICH OTHER ECN'S
MAKE IT POSSIBLE TO SEE YOUR ORDER UP ON THE LEVELii SCREEN
BESIDES ARCA? SOMEONE HELP A NEWBIE TO MBT WITH AN ANSWER
TO THIS MOST BASIC QUESTION. WHY DON'T ISLAND'S ORDERS
SHOW? WHNE I PUT MY ORDERS IN AS ARCA I CAN SEE IT
IMMEDIATELY ON LEVELii AS ARCHIP.
HELP ME SOMEONE TO ANSWER THIS VERY BASIC QUESTION. JUST
STARTED WITH MBT FRIDAY!!
SINCERELY,
LUANNE

holy cow, if you can't find the cap lock key , how the hell are you gonna work your own orders in a moving market?

I think you really really really need to find some one within driving distance that you can visit for a few hours and go over level II and how to utilize Real Tick and the order routes.

If you can find a trader that will give you a few hours, instead of just stabbing in the dark all alone with real money on the line, I think you will come out WAAAAAY ahead.

Please, please, please bet SMALL until you are much more familiar with the tools you have at your disposal.

good luck,

What major city are you closest to?

funk



To: LUANNE CLAY-RUSSELL who wrote (4111)2/28/1999 2:28:00 PM
From: funk  Read Replies (1) | Respond to of 7382
 
If you have an open phone line while you are connected to the net. you could learn a lot buy talking to another trader while looking at the same stock.

I have given and received all kinds of good information this way.

If that is not an option, the next best thing to do, is to get a trading buddy in one of the chat rooms to spend a little time with you.

By watching the same stock together, it is really easy to do a show and tell that makes things so much clearer than trying to trade posts here.

Nothing beats the real time interactive approach.

what is your nick name on IRC ?

funk



To: LUANNE CLAY-RUSSELL who wrote (4111)3/1/1999 6:34:00 PM
From: john o  Respond to of 7382
 
1) Download and print the manuals from MBT which describe the order routes. Then read them.

2) Take a screwdriver and pry off the CAPLOCK key from your keyboard and hide it in a safe place.