<<Conditional buy/sell instructions are held by your own software, ie, on your own computer.>>
This is true of all direct entry brokers, I believe. The only reason to use stops while travelling, is if you are have some position trades going. Under such circumstances, I use my other brokers. Cyber, I have strictly for daytrading (OK, I do occasionally hold overnight for the gap up/down) - and if you use margin heavily, that in turn can be a drag if you want to trade the same security fully margined the following day.
I think Cyber's #1 priority should be reliability - the demands on a daytrading broker are far greater than on a position-trade type broker. If I intend to keep a position for a week, I don't care THAT much about a 1/16 - when I daytrade, I live and die by every teeny.
Morgan |
