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Frank,
if you havent watched the SP long enough to recognize tick movement when
the floor can run stops, I strongly suggest you know that first, then you
will not have to be that concerned about their running your exits.
Jerry
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> From: FrankKaeb <FrankKaeb@xxxxxxx>
> To: omega-list@xxxxxxxxxx
> Subject: stop on close orders
> Date: Friday, February 27, 1998 9:32 AM
>
> I am a novice trader who has yet to place his first trade. I am in the
final
> stages of testing my trading system. My system's exit signals are all
based
> on stop-on-close orders. Have the experienced traders on this board had
> problems with this type of order? Poor or no execution? Because these
are
> on-close orders shouldn't they be relatively safe from being gunned by
floor
> traders? Any comments or suggestions would be very much appreciated.
>
> Thanks
>
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