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  1. M

    Reasons I'm Quitting Trade Station After Only 3 Weeks

    I get it. Same difference.
  2. M

    Reasons I'm Quitting Trade Station After Only 3 Weeks

    What's wrong with posting a legit gripe in the two most prominent forums? Doubles my chances of getting constructive feedback, as well as amusing conspiracy theories.
  3. M

    Reasons I'm Quitting Trade Station After Only 3 Weeks

    Points taken. TS doesn't allow automated stop limits, which is why I manually stepped in and cancelled the order when slippage became too large, only to be filled anyway. I hear you about the NYSE and their specialists. To be honest, I think my real problem here was that, on that day, TS only...
  4. M

    Reasons I'm Quitting Trade Station After Only 3 Weeks

    Dude - it's not like I'm setting up auto and going to play. I'm sitting there the whole time. There's nothing wrong with setting up pre-defined entry and exit conditions for certain types of trades, particularly, if you have a dozen of them going on simultaneously. If your brain is capable of...
  5. M

    Reasons I'm Quitting Trade Station After Only 3 Weeks

    1. Today, I activated an automated strategy order to sell short 1000 ATI at market open. When my short-stop trigger price was reached shortly after the bell, TS was unable to fill the order for 3 minutes and displayed a message to that effect. Meanwhile, the price had slipped 0.34 off my trigger...
  6. M

    Which D.A.B. has the Best Short Sale Inventory?

    Following up on the availability of TS shorts, below is a recent (1/6/2004) post from the Trade Station Support forum by a member called Voodoo. I hope he doesn't mind me re-posting his post, but I lack the RadarScreen function to mine the data. *** Attached is an Excel file with a...
  7. M

    ECN executions

    Following up on the availability of TS shorts, below is a recent (1/6/2004) post from the Trade Station Support forum by a member called Voodoo. I hope he doesn't mind me re-posting his post, but I lack the RadarScreen function to mine the data. *** Attached is an Excel file with a...
  8. M

    Which D.A.B. has the Best Short Sale Inventory?

    Chad, Hmmm, I find your contention inconsistent with my research and experience. But rather than spread rumors, later this evening when I get home, I'll post some hard data to support my claim, or retract my statement. Stay tuned. Mskl, that's precisely the kind of data that's needed to...
  9. M

    Which D.A.B. has the Best Short Sale Inventory?

    Williams: I can't answer your question, but I can tell you to steer clear of Trade Station with regard to short sale inventory. From my reading in the TS user forum, as well as my direct experience, I'd estimate that 40% of stocks are unavailable for shorting through TS, in association with...
  10. M

    How to Determine Position Size to Limit Slippage?

    Jmartinez: I try to trade small caps with high volume. SitrusTrader: Thanks for the rule of thumb. I hadn't considered volatility vs time of day -- good point. I'll try your rule. Follow up question: Since the NASDAQ uses an electronic trading system with 300 market makers while the NYSE...
  11. M

    How to Determine Position Size to Limit Slippage?

    Slippage has become a significant factor in my market equity order entries and exits. The specialists or market makers seem to see me coming from a mile away and ream me on market orders. I need some advice. First off, I'm a scalper. I buy on momentum, ride for a modest gain, then jump out...
  12. M

    How to Determine Position Size to Minimize Slippage?

    Slippage has become a significant factor in my market equity order entries and exits. The specialists or market makers seem to see me coming from a mile away and ream me on market orders. I need some advice. First off, I'm a scalper. I buy on momentum, ride for a modest gain, then jump out...
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