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Mark,
Thanks for your input. Actually once my system has determined a market
direction for the next 2 to 3 points, I would like to get the order executed
as soon as possible in case the market reacts sooner than my order can be
executed. Actually, this has happened only on a few occasions, but if I can
eliminate those few by achieving faster fills then that would be great.
Thanks,
Mike.
-----Original Message-----
From: Mark Brown [mailto:markbrown@xxxxxxxxxxxxx]
Sent: Tuesday, October 09, 2001 10:33 PM
To: TradingSystem.Com
Cc: omega-list@xxxxxxxxxx
Subject: Re: To Call or to Click, Which is the Faster
Hello TradingSystem.Com,
TC> I have been trying to determine which is faster for placing an S&P
order,
TC> which gets executed the fastest
TC> 1. To click and send an order electronically to CUBS
TC> 2. To call someone at the trading pit
maybe i have no experience and am missing something. what difference
does it make which is faster? are you trying to compete with the guys
in the pit? are you chasing the fast moving market you see on your
screen? thinking that you can capture and ride the move you see? i
just do not get it, how many times has anyone placed a trade only to
see it trade at a better price after you placed the order?
maybe it's smart to know what method is the fastest so you can avoid
using it? in a tina turner voice i say "what's speed got to do with
it, got to do with it" what's speed but a second hand emotion?
--
Have a Great Day, Mark
http://www.markbrown.com
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