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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: Rashid Garuba who wrote (12101)12/10/1999 8:00:00 PM
From: NW_Trader  Read Replies (1) of 59879
 
Rashid:

Great to see your post. Funny you ask - I was just wondering about you and the executioner system as I was drumming my fingers waiting for an order to go in at Waterhouse. I have accounts there and with Datek - Datek is far better. If its stops you want, don't bother with Waterhouse - they now require that any stop be placed 1 point below the bid, which for the low priced stocks I often trade means you're guaranteed a loss in excess of 10%.

I too am looking to diversify and add another brokerage account. Any one with suggestions? With the news today that its been recommended to the SEC that "day trader" accounts should be subject to a $50K minimum and higher margin requirements, I wonder if many can afford to diversify. Once again, government will protect people from themselves - I'm going to become a Libertarian yet.

A good day - out of DDIM with 60% gain. Bought CICI 3 3/4, EWEB 4. Still in and also in DWSI, POSO, SBAS (greed and fear at work here), IMGN, DATC and ELON. Intended to sell some, but slow connection, thoughts of letting profits run and late pops got to me.

Good weekend all.

Peace and Justice --- Patrick
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