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Until2020, formerly Until2017

03/13/14 10:15 AM

#40054 RE: Mr Optimist #40053

Did I use "All or None" ?

No I did not. I do occasionally get burned by the ev1L MMs, like getting a 5823 share fill, at $0.0007 on a 500,000 share order. And that really hurts.

The way I figure is, if a stock is moving well, lots of daily transactions, tens of millions of shares, I eventually get pretty good fills, even if partial. I have tried having two identical orders, again : 500,000 at $0.0007, one of them ALL OR NONE, and the other with no order size restrictions at all. ( BTW, I can't use "Minimum Quantity" , with Schwab, for the subbies any more. Schwab just cancels my order, and tells me the MMs don't allow "Minimum Quantity" for subbies any more. )

With the two identical orders, the ALL OR NONE is never executed, ever, while the identical order with no restriction might get a quick fill. This is all Schwab, and their problem with the ev1L Money Makers, IMO.

I do hate Schwab, but their executions are clean and crisp, and usually quick, and they never make mistakes.

I always appreciate advice, ALWAYS ! !

Until2017