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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Jimsy who wrote (24243)	5/25/1999 11:56:00 PM
From: Patrick Slevin	Read Replies (1) \| Respond to of 44573

Sure but you have to trade 5 per contract to match the Large, not just two. I may as well trade through Merrill as do that. But you really have more recourse with a broker. I'm right there on the phone, get a fill in less than a minute, usually less than 45 seconds. If the prices do not line up the guy on the other end knows and checks himself without me even asking, it has happened. I have had more difficulty working that out with Leo. The suggestion that you make about the Small contract would have validity if there was some sort of parity in commissions on the trade but trading 5 mini's becomes over a hundred dollars a trade. There are many times that I can only get a point or two out of a trade. One point with a over a buck commission makes the risk/reward impractical. The effect would be to convert me to a position trader. Also not a viable option. The last option would be to use physical Stops. That also has occurred to me. There are ways to take a hit traveling that road as well but perhaps it's the best that I can expect.