I still have Watley, Datek, Chase H&Q, Brown (don't really use), Waterhouse, Fidelity (use a lot for mutual funds but not for daytrading), Prudential(got me 4 points on UPGD today without even trying) I found the staff at Executioner exemplary, innovative, knowledgeble, the equipment the newest and best, but you can't really go by me because I'm still pretty new. I've traded with A.B. Watley almost exclusively for 5 years now and was among their first. I've also maintained an outstanding business relationship with everyone so I have nothing but good experience from them. But Executioner is linked in with Pristine and that 'binds' them to a high degree of performance, as both companies are pretty much in the forefront on their respective niches. I wouldn't keep an adequate account with a discount broker, but not a cheapo one, just Executioner, Watley, etc. I don't need bells whistles or fancy ECN's but if you did than Executioner would be the best to get..
I am pretty conservative and have a Prudential Command account which entitles me to $25.95 trades but that includes all the literature coming out of Prudential, and their Pru choice Mutual Funds. I don't want one too cheap or that pushes me to trade. I also use their Palm Pilot service
I also have a chase Hambrecht Quist Account going on 8 years now if you don't count when I left and returned. I have trading privileges there as well and of course privy to IPO's (a little) and research papers. As long as you keep 100k in assets you can get the best full time brokerage services for only discount ($24.95) a trade.
The trend is lately of having a brokerage going with a 'financial site'.. Like Gro-Trader goes with Prosearch Alerts from Telescan. E-trade I've never tried because there is no reciprocal level of performance.. Datek I keep for my husband's trailing stops, which are adequate and mostly cheap but there is no real necessity for level II and certainly not instant execution. |
