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In one of days of Jimmy, the trader in a hole of futures for pork, traded from the short party in a hole S&P. But for own protection it has placed purchased stop on 50 contracts above the market to leave a position in case of rapid growth. I have asked it: "you Want, that I have fulfilled this stop on purchase for you?"

"Certainly", — he has told and has again gone to a hole of futures for pork.

8&?-¶it have reached its stop prices, but many sellers have again come to that moment on the market, and I have decided not to execute Jimmy's order on purchase. The market was developed and has directed downwards, finally having brought Jimmy profit $75 000.

Later the same day Jimmy has asked me about stop on 50 contracts. "I have not executed it, I have responded. — I felt that the market came back downwards".

Jimmy has generously thanked me. He could not believe that I would began to fulfil that order for it when the only thing that he asked me to make, is to look after it. I have made good business for the familiar trader and have got to myself the friend on all life. However there were some clients as I consider, not estimated my skill. The case with "Vince", the trader left a hole and trading exclusively out of a floor was one of such cases. We had some general acquaintances, but we never a meeting -

138 it: BLOOD, SWEAT And SUCCESS TEARS it. I knew, it was very disciplined trader applying strict stops on purchase and sale. It very strongly was guided by the technical analysis, relying in the actions on price models, instead of on the sixth sense concerning the market.

I have fulfilled some DRT-orders which it has estimated as I could give it more good execution for Vince, than he expected. Then in one of days in the wild and restless market I have obtained from Vince the order on purchase on 87,00; however the market grew so quickly that I have not found the seller for execution of this transaction to level 89,00. It was the best execution which I could make for it. However to Fault has expressed dissatisfaction and has demanded chronology record it1. The chronology of sales is a restoration by a stock exchange of each transaction made during the day. But the given record is carried out in two measurements and specifies the prices during the various moments of time. Actually that occurs between traders in a trading hole in the wild and chaotic market, can differ from record of chronology of sales very strongly. That day record of chronology of sales showed steady growth of the price with 87 exactly to 87,30, 87,50, further — a small daun-tic to 87,30, then growth to 87,60, 87,80, 89,00 and further upwards. Looking at this record, to Fault has considered that execution of its order should occur on that daun-tic on 87,30.

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