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Non-Tech : MB TRADING
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To: Dennis Lee (Hijacked) who wrote (4975)6/25/1999 1:15:00 AM
From: Francis Ou  Read Replies (2) of 7382
 
Of course Datek blows ETrade away! Problem is, it is still not good enough for 3-5 minute trades! The amount of time I spent just waiting for the browser to change from order entry to confirmation, then have to check daily activity to see if order filled and price. If partial fill (a lot) and market moves away from my price, no chance to get filled in a short time, have to cancel order and wait for another confirmation page¡K

Truth is, if I can't have my Level 2 and charts, I wouldn't trade at all. It's like driving blind. So doesn't matter if I could trade Datek anywhere.

Will open an account with MBT sometime next week. Although commission quite high compared to Datek, figure I could save some money on the data feed (mine currently at close to $300/mo). Also realize the difference could be made up by just one trade that could not otherwise be made with Datek¡K

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