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The inability to do OCO is especially disabling...
especially for rapid-fire intraday trading and/or system trading...
again, the CRUZ BROS continue to make stupid mistakes.
> -----Original Message-----
> From: Paul Weston [mailto:paulweston@xxxxxxxxxxx]
> Sent: Wednesday, January 23, 2002 9:28 AM
> To: Doug Correll; Omega-list@xxxxxxxxxx
> Subject: RE: Trade Station 6 ??
>
>
> I am currently in the process of moving my account from TradeStation
> Securities because of their trading platform. I both day trade
> and position
> trade.
>
> Here are some of the reasons that I am moving my account:
>
> 1) You can trade extended hours, but you can't plot them.
>
> 2) You can't enter orders outside of market hours.
>
> 3) You can't enter GTC orders. That means stops have to be entered every
> day, and in my case because it is an IRA, I can't enter orders until 0930.
>
> 4) They don't have the ability to take OCO orders.
>
> That makes the trading platform unusable for me. If you are just day
> trading during regular hours, it might work for you.
>
> Regards,
> Paul
>
>
> -----Original Message-----
> From: Doug Correll [mailto:dcorrell@xxxxxxxxxxxx]
> Sent: Tuesday, January 22, 2002 5:46 PM
> To: Omega-list@xxxxxxxxxx
> Subject: Trade Station 6 ??
>
> I am about to begin trading after a long Hiatus. I was a Trade
> Station user
> 8 years ago and Loved the product. I am disappointed in their decision to
> drop the Ts product line but feel that doing an integrated
> Brokerage Trading
> Platform with the Power of Trade station was initially a good idea. I Like
> the ease of use of a Trade station Product and the ability to write my own
> indicators and back test. It appears you can do this on TS 6 .
> My real question is whether Tradstation Securities is any good. Are they
> fast can they get good fills? Have there been any major problems? I think
> that sometimes people get too caught up in the technology and forget the
> trading. If I want to do some back testing but more Chat pattern
> trading and
> want an online brokerage that is reliable with good order entry system is
> Trade station 6 the way to go? If not please any sugestions.
>
> Douglas Correll
>
>
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