|
PureBytes Links
Trading Reference Links
|
<< In a message dated 98-08-09 16:21:48 EDT, Tom Alexander writes:
<< << If you are daytrading, especially S&P's, and you are afraid of moving
your
stops via a c/r order because of the fear of incurring the wrath of some
surly jerk on the floor, 1) you will never make money and 2) you need to do
some research and find another brokerage arrangement. There are
significantly better alternatives to that once highly prized privilege of
calling the floor to have your orders arbed into the pit. >>
Tom,
Perhaps I am a dinosaur in using direct floor access, resisting the tidal
movement toward interneting orders. The notion of relinquishing human
contact
is a tad unnerving to me, but, again, this may be the Pleistocene in me. I
C/R with 3-5 contracts and have not generated ill will. The fact that I
generate 200-300 roundturns per month is not lost on them either, I'm sure.
But keeping the floor happy or tolerant because I am a cash cow is not my
primary intention. If there are other reasons for making the switch to
mouse/keyboard trading, I'd appreciate your thoughts in this regard. I
presume this is your implication by alternatives.
Dave Austin
Return-Path: <>
Received: from rly-zc02.mx.aol.com (rly-zc02.mail.aol.com [172.31.33.2]) by
air-zc01.mail.aol.com (v47.2) with SMTP; Mon, 10 Aug 1998 00:05:18
-0400
Received: from imo26.mx.aol.com (imo26.mx.aol.com [198.81.17.70])
by rly-zc02.mx.aol.com (8.8.8/8.8.5/AOL-4.0.0)
with ESMTP id AAA19648 for <Austowne@xxxxxxx>;
Mon, 10 Aug 1998 00:05:18 -0400 (EDT)
Received: from localhost (localhost)
by imo26.mx.aol.com (8.8.8/8.7.3/AOL-2.0.0)
with internal id AAA05144;
Mon, 10 Aug 1998 00:05:18 -0400 (EDT)
Date: Mon, 10 Aug 1998 00:05:18 -0400 (EDT)
From: Mail Delivery Subsystem <MAILER-DAEMON@xxxxxxx>
Subject: Returned mail: Host unknown (Name server: bellsouth.n: host not
found)
Message-Id: <199808100405.AAA05144@xxxxxxxxxxxxxxxx>
To: Austowne@xxxxxxx
Auto-Submitted: auto-generated (failure)
Mime-Version: 1.0
Content-type: text/plain; charset=US-ASCII
Content-transfer-encoding: 7bit
The original message was received at Mon, 10 Aug 1998 00:04:54 -0400 (EDT)
from root@xxxxxxxxx
----- The following addresses had permanent fatal errors -----
gta3@xxxxxxxxxxx
----- Transcript of session follows -----
550 gta3@xxxxxxxxxxxxxx Host unknown (Name server: bellsouth.n: host not
found)
----- Original message follows -----
Received: from Austowne@xxxxxxx
by imo26.mx.aol.com (IMOv14_b1.1) id CBIDa04521
for <gta3@xxxxxxxxxxx>; Mon, 10 Aug 1998 00:04:53 -0400 (EDT)
From: <Austowne@xxxxxxx>
Return-path: <Austowne@xxxxxxx>
Message-ID: <ce488c86.35ce7167@xxxxxxx>
Date: Mon, 10 Aug 1998 00:04:53 EDT
To: gta3@xxxxxxxxxxx
Mime-Version: 1.0
Subject: Re: Fut:POP's rule #1 ...
Content-type: text/plain; charset=US-ASCII
Content-transfer-encoding: 7bit
X-Mailer: AOL 3.0 for Windows 95 sub 64
In a message dated 98-08-09 16:21:48 EDT, Tom Alexander writes:
<< << If you are daytrading, especially S&P's, and you are afraid of moving
your
stops via a c/r order because of the fear of incurring the wrath of some
surly jerk on the floor, 1) you will never make money and 2) you need to do
some research and find another brokerage arrangement. There are
significantly better alternatives to that once highly prized privilege of
calling the floor to have your orders arbed into the pit. >>
Tom,
Perhaps I am a dinosaur in using direct floor access, resisting the tidal
movement toward interneting orders. The notion of relinquishing human
contact
is a tad unnerving to me, but, again, this may be the Pleistocene in me. I
C/R with 3-5 contracts and have not generated ill will. The fact that I
generate 200-300 roundturns per month is not lost on them either, I'm sure.
But keeping the floor happy or tolerant because I am a cash cow is not my
primary intention. If there are other reasons for making the switch to
mouse/keyboard trading, I'd appreciate your thoughts in this regard. I
presume this is your implication by alternatives.
Dave Austin
|