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I have a question for all the listed stock traders here. Do most of you find that you get the best fills when using market as opposed to limit orders? What type of execution system do you use for placing listed trades and what are the fees like? Does it go through a system like ISI or a...

Nordic, I'm not sure how or why it works I just have found it to work. I know that when I used to just hit ARCA when trading a listed stock it would go directly to the floor via the DOT system. They have since changed the default route for listed stocks to the ARCA book. But by preferencing...

Nordic, You can preference NYSE using ARCA and save like $2.50 per trade and the execution is the same. It goes directly to the specialist via the DOT system...

DATTrader, Yes it is my understanding that by preferencing NYSE or AMEX or whoever you are basically routing your order to that exchange. I am pretty sure that in this case the specialist is the one filling the order. Or one can use ISI which gets filled by the specialist also but costs more...

Tradecourse2, You can preference a particular exchange using ARCA (ie NYSE) as I do this all the time. Just trying to configure these hotkeys... Leland

Question for all the realtick users out there. Does anyone here use the hotkeys for RT software? If so how do you have them set-up and how do they work? Can you set up hotkeys to execute to preference NYSE using the ARCA route? Currently I execute my trades off of the bottom of the market...

R Tharp or anyone else knowledgeable, I have a few questions regarding echo trade. 1. I assume that I could trade at home using a cable modem connection? 2. How are their orders routed for listed stocks? (through ISI or something)? 3. Do you guys have any trouble when you want to...

Uptick2000, Pretty interesting response about letting winners run. That has been the hardes thing for me to do. Maybe I need to try your little trick.... L

I am curious as to what folks are paying in commissions for listed stocks? Please include how that trade gets routed too. For example: Connect to Superdot via ISI or something. Please include the firm, commissions (including any ECN pass-throughs), and any other info you think is worthwhile...

I am curious as to what speed of computers and how many monitors Echo provides it's in house traders with? Technology is pretty important in this game... Leland

In my opinion it's really not the absolute speed of the connection but how accurate and fresh the data arrives. You should make sure your ping times are reasonable and you have no packet loss although you probably all ready know this. https://www.dslreports.com has some interesting tests that...

jem, I sent you a private message here on elitetrader. Could you take a minute and look at it? Thanks, Leland P.S. Thanks Deeman for the great posts. Those are probably two of the most informative posts I have ever read...

Baron, I am amazed how the prices of these flat screens have continued to tumble. I see that you can get the 18" Viewsonic screens for under $1500. I currently have (2) 15" Viewsonic screens and I love them. I could always use more screen space though and those 18's look awfully nice...

Airspeed, Would you mind keeping me up to date as to how you set-up your keypad? I am interesting as to how well it works. May have to break down and buy one myself:) Leland

Praetorian2, I agree with your strategy to play the news. I like playing stocks that have news but I don't form an opinion about that news. I let the stock tell me what to do. The nice thing about trading news though is that liquidity and range usually are dominant. Leland

You can do MAC address cloning with the Linksys router too. I had to do this myself... Leland

I also use the Linksys router. Model #BEFSR41. It has been extremely realiable thus far:) Leland

JulieFL99, Are you sure that ECHO offers 10:1 intraday margin on accounts of $10,000? I could of swore that I read somewhere that it was only 5:1? As a sidenote I take it that you are happy with ECHO? May I ask what software you are using? Leland

Speedracer, What type of deal does Andover offer for the Prop trader? Do you have to contribute captial, etc? Payout, commissions? Leland

Speedracer, Doesn't Kevin Haggery of tradingmarkets.com manage one of the Andover offices? It still boggles my mind that someone can actually trade 1,000,000 shares per day. What kind of fees are you paying? Hopefully these guys are making some serious cash? Leland