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What you need to ask whatever broker house you use : is to do a give up to
a execution service like Chicago execution or someone that specializes on
the SP. This way you call the floor direct, you need to do a few turns or
quantity to make this worth the brokers while for taking the risk. But it
would be well worth it, especially using stop orders. The one thing I liked
about Greg Woods story was the limit orders this is smart when trading
something as volatile as the SP's.. You may need to revamp your methods to
use limit orders, but it will save you some money. It is more important
that you make money trading by being profitable. Than it is trying to make
money by cutting cost, I gladly pay more for better service, it pays in the
long run..
Mark Brown
>Can any S&P trader using a strategy of stop order entries on breakouts
>recommend, from personal experience, a broker with floor traders who don't
>rip you off at every opportunity and with a reasonable commission - say
>$25/round turn, all in?
>
>Or am I dreaming of a better world?
>
>JFB
>Shaven Heads Trading NYC
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