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It never ceases to amaze me, we as traders, especially Future and options,
that we spend thousands of dollars on books, magazines, day-trading
subscriptions, trading systems, software, real time and delayed quotes, and a
host of other services to help us find the "Magic Trade", but we won't spend
$20 to $30 to place a trade directly with a broker.
Everyone is trying to get into the market for $5 to $10 and then complain
about bad fills, delays in execution, and a loss of money because of it.
Do you realize we are talking about less than 1 tick on the bonds or crude
oil or any of the other commodities?
A good broker with a reputable firm will save you more than that and give you
your fill while you are on the phone and watch your trades and stops. Plus he
will normally assist you with his own view of the markets.
All the Best,
Jerry Donato
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