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Sounds like you have a good argument, but first you must do something more
important: DUMP LFG! Too many people on this forum have discussed problems
with the service associated with CUBS, including me. there are
alternatives. Look at historical thread and you will see what options you
have, or email me and I will again disclose how happy I am after switching
from Futures Online, a division of LFG. I had a similar situation to you
which caused me to bail!
Good luck
Gary
-----Original Message-----
From: AMPWood@xxxxxxx <AMPWood@xxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Friday, January 08, 1999 11:59 AM
Subject: Re: CL_order systems - call to action
>Earl and Real Traders,
>
>I have been putting up with LFGs elect order and Cubs being down for
sometime.
>Let me also tell you what happended in the last 2 days. I bought one S&P at
>127970, the price ran up and I put a stop at 128030, the price came down
and
>hit the stop level, considering the lag time on price entry on the down
Cubs,
>I figued the stop wasnt in , So the price runs up and I do a cancell and
>replace at market .
>Leo finally shows my buy and a sale at 128250. So I figure I am out for the
>day. At about 7:00 PM central I look at my email and LFG shows the buy at
>127970, the sell at 128250, and also a sell at 128030. So I call the globex
>no., tell them my situation,
>and buy one at 128010, so that I think I am flat. The next morning , on
>Globex I buy an S&P at 127500, the market starts going aganst me and after
the
>phone at Globex,LFG, ringing for 5 minutes , I get out of the trade at
126710,
>a big losses for me. I then get a call from LFG that the 128250 wasnt my
>trade so I am long from
>128010 with the market at about 126800, so I dumped the trade at 127050,
this
>was a $4,400 loss which pertty well wiped me out. Do you or any real
traders
>thing I have a basis for abrttration?
>
>
> Thanks,
> Dennis
>
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