DAYTRADING Fundamentals Message Board

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Strategies & Market Trends : DAYTRADING Fundamentals

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To: Jon Tara who wrote (7111)	3/5/2000 3:16:00 PM
From: OZ	Read Replies (1) of 18137

I like having a choice with Preferred. I can choose NITE for $7.75/trade... NITE is fine more often than not filling marketable orders. When they are not, they are usually stingey for the entire day, so I switch to auto-trade and Selectnet for the rest of the day. I prefer not to focus on SYMPATHY from NITE and commission reducing strategies to boost my profits and rather depend on fast direct executions to almost all ecn's, good technical analysis, and emotional discipline. Question John: Do you think that NITE might have a motive for paying for people orders and on balance is making a profit doing it??? Or do you think that on balance they are just giving money away out of some moral kindness??? Then perhaps using your logic we can conclude that not only is free level2 not free but also that your cheap commission are not that cheap. It is the exact same argument is it not??? This will be my only post on the subject. I just thought that since you found it important to correct Dave that you in turn would appreciate being corrected too. And all of this for FREE too.<GGG> OZ

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