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

To: JDTrader who wrote (2258)	3/31/1999 11:44:00 PM
From: William W. Dwyer, Jr.	Read Replies (1) \| Respond to of 3216

JD, there you go again! Man, for someone who doesn't use CyBerTrader, you sure seem interested in it. Are you really the pitiful loser I think you are? Haven't you anything better to do with your time? Or, perhaps, are you working with or for a competitor broker, hanging out here for your own personal motives? You sure crack me up! You seem to have a lot to say. But, do you have the courage to identify yourself? Or, do you plan to keep that secret forever? Are you ashamed to tell us who you really are? Ashamed that if we knew who you were we would have no further interest in reading your stuff because your motives would be clear? I bet you still cannot muster the courage to respond to me. You never have, never will......just keep me laughing. Thanks, again! I wonder if you will ever tire of it. I know I won't. :-} By the way, how come no one but you posts to your other ridiculous, wasted little thread? Why don't you limit yourself to posting over there so this thread can be used by other people with other, more honest, purposes?

To: JDTrader who wrote (2258)	4/1/1999 1:12:00 AM
From: kaz	Read Replies (1) \| Respond to of 3216

Jamie boy, so good of you to come back to our little corner. I use a Real Tick based broker and I can't hit just the Island book. I see the value of being able to do that, I realize some brokers will allow you to do that. Most don't. Mr. Stryker has said that this is something Cyber is looking to implement. Criticize all you want, MY broker isn't doing even that much. And I'm not spewing venom because they don't. If it was important to me, I'd go to a broker that provided this. Also, the only thing this gets you is a possible smaller loss in a very specific circumstance. This is not going to make a poor trader any better and won't ruin a good trader. "...the Island sell order at 117 (executed by cyberbroker customer) will CROSS and/or LOCK the market if posted, and hence not allowed because the inside bid in level II window is 125." If the best bid is 125, a trader would have to be a moron to sell at 117. I don't know what stocks you're looking at, but if a stock can move 8 dollars before any support shows up, you shouldn't be trading it. If you do trade it, don't blame your broker, ISP, modem, phone line, power company or spontaneous combustion if you lose. You're trying to win something that is unwinnable. I'd just try to sell at the bid by hitting a MM via SNET preference (assuming there aren't enough shares on ISLD). Taking an 8 buck loss seems like a poor decision made in a panic. A few of those and you won't have anything left to trade. You might want to videotape yourself trading and release it as a comedy. We'd all fall down laughing since you're representing this as the proper way to trade. "Remember boys and girls, you're only going to lose it all anyway, so you might as well do it all at once. That way, your evil, incompetent broker won't get as large a percentage in commissions. See, it works like this: $25 in commissions on a $100 loss is 25%. But $25 in commissions on an $8000 loss is insignificant. Now, wasn't that worth the price of the tape?" So, you've obviously found the perfect broker. Please tell us who that is so we, too, can leave our worthless brokers for the only one anyone should be using. Paul Kaz

To: JDTrader who wrote (2258)	4/1/1999 7:51:00 PM
From: Chas	Read Replies (2) \| Respond to of 3216

JD, you can cross the market any time you want on Island as long as there are matching orders in Island book. You can sweep the book if you want to. The market is crossed or locked only is there are no matching orders in Island book. By the way, I have used Real Rick III, TradeCast and CyberTrader. They all have their good and bad points. Those who are working the hardest to improve the good and eliminate the bad will be the winners. I understand CyberBroker is soon to become an Island client. I hope you will be able to place an Island order that will not be kicked out such as are placed on Datek and can be used as stop loss or stop orders.