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Non-Tech : Datek Brokerage $9.95 a trade
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To: Ernie Kelley who wrote (3840)7/27/1997 12:35:00 AM
From: Morpher   of 16892
 
Ernie, if the stock you are trying to trade has a spread wider than 1/16, try placing orders in spread. If your order doesn't get executed in a minute or so, move the limit price by 1/16. I think you'll be surprised how often you get filled within the spread.
For NASDAQ stocks under new SEC rules, try buying at bid+1/16 and selling at ask-1/16. It may take longer, but for slow moving stocks it's worth a try.
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