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Friday, November 28th, 2008

Automated Trading using Trade-Ideas through Direct Access Brokerage

9:30 - 9:32 High Probability Offers and Bids are sent out................ By 9:35 all remaining orders that have not been filld have dropped off. The decision was made to cover all long positions approx 9 minutes into the open ( consideration was given as to whether or not the s&p would continue through highs, or back down) The final #'s were 45 Trades for a gross of 8.5 points. On a per/share commish schedule we're talking fees of approx $20, so we should realize a net of approx $400, trading 50 sh lots. Approx 90% of my entries added liquidity


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