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I used to day trade NYSE stocks using super dot. Everything i
traded was liquid (>1,000,000 shares/day) would almost always
enter long w/a mkt order. ALWAYS entered short w/a limit order
(otherwise you get screwed by the specialist). ALWAYS exited w/a
mkt order. Still suggest same.
hope this helps
tbr
>
> > ----- Original Message -----
> > From: "Ian McVicar" <icm63@xxxxxxxxxxx>
> > To: "OmegaList" <omega-list@xxxxxxxxxx>; "QCharts" <qcharts@xxxxxxxxxxxxxxx>
> > Sent: Monday, March 18, 2002 11:48 PM
> > Subject: Interactive Brokers Stock MKT or LMT orders ????
> >
> >
> > > Sorry if topic is off user group subject matter.
> > >
> > > But...
> > >
> > > I am just about commence trading stocks on NYSE and NAS with IB. There
> > > execution is 2 sec or so.
> > >
> > > If you are an equity trader what order type do you advise with IB, MKT or
> > LMT,
> > > any advice would be great ?
> > >
> > > Thx in advance.
> > >
> > > Ian
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