E*Trade (NYSE:ET) Message Board

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Non-Tech : E*Trade (NYSE:ET)

ET 16.71

+1.7%

Nov 28 12:59 PM EST

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To: Steve Morytko who wrote (3705)	11/4/1998 1:15:00 PM
From: Edward Ip	of 13953

> > So, worst case you made 90 trades @ 19.95 a trade (assuming stock trades - don't > know about option commissions). Sounds to me like you trade a LOT more than > the average account holder. MAYBE you'll do better somewhere else but > commissions shouldn't be your only consideration. You're probably smart enough to > know that other brokers have their share of problems - some more than their fair share. > Perhaps you'll find out that you can't calculate the commissions you paid with > another broker. ETrade's online account management is the best I've seen and is > quite valuable this time of year when I'm considering taking tax losses/gains. > You really can't begrudge ETrade for making money (your commissions) at their > business can you? And no one forced you to make your trades with ETrade at > their well-known commission price(s). Perhaps ETrade isn't the right broker for > someone who trades often but I (and a number of reviewers - Gomez) happen to > think they bring the best value to the "average" investor. > Good luck in all your investments, > > Steve However I have NO PROBLEM WHAT SO EVER if they profit from me. That's NOT the problem here. The major problem is that the quality of service. I took them over 3 minutes to execute a market order, and over 6 minutes to give me a confirmation. To you it may be fast, but a market order on nasdaq should only take few seconds to execute. NOT minutes. I personally don't think that is acceptable. And due to the delay it cost me few ticks. So please tell me if you think that is acceptable? Regarding to the review from Gomez, I am just wondering if they trade with etrade to determine that result. Or did they loook at the feature that etrade offers? It make a HUGE difference, if someone looks a thing and someone that experience something.. Ed

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