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At 09:52 AM 12/31/99 -0600, Mark Brown wrote:
>"GOOD ORDER EXECUTION" is more
>important than commission cost. AND! It helps to have a good broker
>who is supported by a good firm. Those are primarily going to be found
>to be run by people who have years of experience in the industry. This
>whole industry could benefit from having more longer experience
>participants on both sides of the fence, that's client and server side.
>
>Happy New Year and remember to not let a couple of dollars in
>commissions cost you thousands in slippage. Find a good firm who knows
>you as a person and not just as an account number.
>
>Mark
>
>.o©º°¨¨°º©[ WWW.MARKBROWN.COM ]©º°¨¨°º©o.
>
> <(©¿©)>
>
I just get off the phone after wishing my brokers Happy New Year. I am
staying with the same broker since 1978 (First with father, now with his
son). I am very happy with those honest and hard working guys. Sure they
could may a mistake but do all to correct it. I do not have any slippage at
all (I think) because my calls go to the floor and then I buy and sell for
what I could at that moment. We know and respect each other. I pay very low
commission and so I could ask for even lower rate (and would get it for
sure) I do not do that. What are my commission in comparison with my market
stupidity?
Happy New Year everyone!
Happy Alex.
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