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TFC Commodity Trading Forum

What To Do When Trading The Pits Winseer

"I recall that LIMIT orders were loath to be taken by floor staff because such orders cannot be slipped. Many was the time the market would trade through my price, come way back again, and of course no fill because the idiot on the floor couldn't be bothered in the heat of the action with my single lot limit order."

If I placed a stop with limit order which was most all my orders for entry and it traded at my order and I got no fill then I demanded time and sales and talk with clerk first then if need be take I took it to account manager. I noramlly traded 5 - 10 lot orders.

It look only a few days with a new broker for them to catch on I was no dummy and knew what I was doing after that no problems. Every now and then sending the floor clerk a card of thanks along with a small gift for working my orders went a long way...

Oh one thing I forgot always record the phone call to the broker of the floor giving a voice time stamp. They record you so I record them. and had to use once in awhile which got me an adjustment :)


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What To Do When Trading The Pits Winseer