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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade -- Ignore unavailable to you. Want to Upgrade?

To: E. Davies who wrote (1984)	6/8/1999 4:58:00 PM
From: Ken Wolff	Read Replies (2) \| Respond to of 2120

<< I wonder what "momentum daytrading" says about this. Ken? Buy at bid or ask?>> I personally feel that an execution is a very individual matter that is up to each traders expertise. I always attempted to get the best possible price I could when trading but as a consequence would miss out on some good trades. Most of our trades have enough potential in them that executing at the ask is good enough and we try to time the bottoms and enter prior to the upticking action. Usually when I want in I want in and don't quibble much about the price. If you are scalping for a small profit then executions become paramount and going for the bid is a good idea. Hope this helps. Good luck Ken