Well, that doesn't surprise me too much. Sometimes, the web brokers can give you just incredible fills, better than direct access it seems. I daytraded on Schwab and Etrade for over 3 years. One of the problems is, when you're trading in fast markets, they really "stick it to you" and delay your (invariably bad) fills.
I traded over on Cyber - didn't like it at all. You don't get true ARCA access. MBT blows them away on that (they're claiming ARCA access, but it's only the stale quote access, not full access to ARCA's capabilites). And, Cyber's backroom operation is really, really bad. They're not really a brokerage, they're a software developer. Enough said. (except, I have a NASD complaint pending against them, the first one i've had to file -- and, i've traded in some real bucket-shop operations;)
One thing really struck me about your post - your attitude that at 2 years you're still starting to learn. Very wise attitude - the mark of a winner! I've found that the "survivors" all realize that learning trading is really a new career - a 5-10 year process typically (I'm six years into active trading and still learning quite a bit every day). But, you're right such philosophy belongs on other threads.
Good trading, -Steve |
