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

To: Michael Davis who wrote (24314)	5/26/1999 6:56:00 PM
From: Patrick Slevin	Read Replies (1) \| Respond to of 44573

It can be particularly devious because you/I are used to one methodology and not another. I verbalize exactly what I want to do and I write it down at the same time with the Time. When using Electronic, however, I am typing (and I'm not a good typist....hence the Limit Sell Order at 1988.40) and if I miss something there is no crosscheck, such as the Desk repeating back the order. Now, with the difficulties I had with Fills the past few days I tried to get around that by having several "tickets" on the screen so I could pick and choose at the right time. So, because some confusion exists when one ticket is entered incorrectly the mistakes mount up and I end up putting out fires all over the place, I'm quite sure that part of it won't make a difference, mini or spoo. Just have to get into routine of checking the tickets several times, making sure only those that I want to XMit are unparked.... ....I thought that you had to Highlight an order to send it. That part spun me around twice..... ...and you know, I have seen rolling markets where doing any/all of the above and one shall make a mistake anyway. Simply because the action gets too razor thin with respect to timing so checking and rechecking will be like looking for the housecat while the building is burning around you Good typing skills certainly would help. In general though, it requires an entirely new set of checks and balances. I've even considered placing a Stop well away from the Market both ways using my normal size so if I make an error at least I don't go bankrupt. The distraction that worries me the most is the time. I take my attention off to set up the orders and sure as shooting, I have to re-configure in my head just what the heck was the "right" play all over again. The fewer distractions the better, if you follow that line of thought.