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Strategies & Market Trends : Level II Trading
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To: J. M. who wrote (1007)4/13/1999 4:26:00 PM
From: Apakhabar   of 1086
 
So far it's all right. A couple of glitches... it costs $203 month. The advantage for me using a feed-only service like Stockedge and trading on my other screen with Datek is that Datek updates my account in real time and has no "marked to market" accounting like the usual daytrading firms (MB, RML, etc) which would limit my use of margin, especially since I often hold positions overnight. The drawback is execution and speed. Datek is fine for me most of the day but during the first 30-60 minutes it has been awful at worst and erratic at best. I can't say much more about Stockedge because I've only had it 10 days and I don't need a lot of its features: I am primarily interested in the level 2 MM activity and the time and sales column. Good luck.
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