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

To: wily who wrote (2107)3/22/1999 8:42:00 AM
From: William W. Dwyer, Jr.  Read Replies (1) | Respond to of 3216
 
Wily, if Mommentum Securities would allow a client to trade like that, I think they should be severely sanctioned, if not shut down altogether? I think that kind of trading is absolutely outrageous.

Bill




To: wily who wrote (2107)3/22/1999 10:08:00 AM
From: Gorak Shep  Read Replies (1) | Respond to of 3216
 
One trader, a newbie, had done over 2000 trades that day

Assuming, conservatively, that is 1000 round trips, that is still over 2 round trips per minute AVERAGE over the entire day. Yikes! That will burn you out quick.



To: wily who wrote (2107)3/23/1999 10:57:00 PM
From: David E. Henry  Read Replies (2) | Respond to of 3216
 
He had to be doing lots over 1000 shares. Otherwise he is the fastest trader in the West or is that East.


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