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No line, direct or indirect or even e-mail for order backup. If you don't
have an account with another broker you buy it back when the trading
server/connection/software is restored. During the outage you would want to
say many prayers to the gods of the s&p to treat you well. I will say that
TH is extremely reliable but this is dangerous stuff!! I would not for a
moment have used TH without a backup account. When I quit doing 5-7 e-mini
trades a day, I figured why bother maintaining several accounts. I quit
doing so many trades because I found I was over trading and because I wanted
less time in front of the monitors.
Earl
----- Original Message -----
From: gil ward <gw1933@xxxxxxxxxxx>
To: <eadamy@xxxxxxxxxx>
Cc: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Sent: Wednesday, May 05, 1999 3:29 PM
Subject: Re: fut:e-mini
> Hi,
> Just how would this work? You make a trade with timberhill,(say short the
es)
> and lose your connection, or modem go to bed or whatever. How would you
buy it
> back? Is there a direct line or something?
> Gil
>
> Earl Adamy wrote:
>
> > A list member sent the following inquiry privately. The very best
vehicle I
> > have found for trading the e-mini is Timberhill's Interactive Broker
> > www.timberhill.com service at $10 round turn all inclusive. There is
> > absolutely nothing which beats the speed of execution and fill reports.
> > However, they have no backup system so anyone using TH must have an
account
> > with a second broker - a must also for anyone who trades other contracts
> > since TH handles e-mini only. The TH workstation includes real-time
quotes
> > with bid/ask and the ability to instantly execute orders at the bid
(buy) or
> > ask (sell) providing one does not attempt to execute in fast markets.
> >
> > Earl
> >
> > > Earl, can you recommend a good Broker?
> > > do you trade electronicly or with a live broker?
>
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