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


To: timers who wrote (4276)3/12/1999 2:04:00 PM
From: Bill Green  Read Replies (2) | Respond to of 7382
 
You can hit an ISLD bid below the inside price and you know what you are getting, also you could offer on ARCA below the inside and it will try and get you the best price as i mentioned previously. An ARCA market order would get you out but you have no control over what price you will get filled at, same with SOES.

Take it easy and stick to small shares till you get the hang of the different routes is my best advice.

Bill



To: timers who wrote (4276)3/13/1999 11:05:00 AM
From: bobby is sleepless in seattle  Read Replies (1) | Respond to of 7382
 
My .02

In a fast market, I have been advised to not use ARCA, and instead opt for isld. And through my little experience, I have found it's much easier to sell into strength. In fact, when involved in a downswing, I now wait for the bounce to sell in an upswing.

Also, when I trade volatile stocks, bio's and internets especially, I go with wider stops with smaller positions when momentum is in full gear. That way, the antacids stay in the medicine cabinet.