[Charlton]

Originally Posted by flyingdutchmen »

thank you Charlton !

looks like a very fair spread to me

one question though.. where does the 10 minutes stand for ?

I thought you might ask that - it is the interval that I happen to have on that radar screen at present. This can run from tick, through minutes, hours etc. It happens to be a column I have on there between the symbol and the Bid - Ask columns. You can have an columns you like on a radar screen including indicators. The radar screen is like an excel spreadsheet showing values at the current time, whereas the chart shows values over a time axis.

Charlton

[Charlton]

Since the subject of market and limit orders was mentioned in the thread, readers might like to know the options available in addition to manually entering a limit price. There are auto features as well and I have pasted the sections from the help text


The Auto Price feature allows you to quickly place a limit and/or stop order that joins, improves, splits, shaves or hits/takes the inside market without having to calculate a price. You can set the price increments that are available when you use this feature.

Hit/Take automatically specifies a Limit Price equal to the best Ask price for a Buy order and the best Bid price for a Sell order.

Hit/Take+ automatically calculates a Limit Price that is one Change Increment larger than the best Ask price for a Buy order and one Change Increment less than the best Bid price for a Sell order.

Improve automatically calculates a Limit Price that is one Change Increment larger than the best Bid price for a Buy order and one Change Increment less than the best Ask price for a Sell order. Also, to protect you from crossing the market, the Improve price will not be greater than the Ask price for Buy orders or less than the Bid price for Sell orders.

Join automatically specifies a Limit Price equal to the best Bid price for a Buy order and the best Ask price for a Sell order.


Split automatically calculates a Limit Price that is halfway between the best Bid price and the best Ask price.

Charlton

[trade-samarai]

Hi Flying Dutchman:

I use TS to trade stocks. If you use limit orders, you should have zero slippage. Slippage on market orders depends upon the stock. Pfizer will have a lot less slippage than Baidu (depends on the spread which varies). TS had a couple big outages during the past year, but one of those was a Nasdaq problem. There is data delay indicator that you should put on your chart. You can route your orders through different ECNs, etc.

[flyingdutchmen]

thank you alot for the information guys