I think we are all on the same page regarding Mytrack. It is a shame that I was late getting on the train, and did not open my account with them until mid December. They were great for a while, and my account has increased 6,800% in three months. I thank them for the great times, and hope that they can get some friendly market makers and continue as a business. Otherwise, they are history. TRAC is an excellent short candidate if things do not improve quickly, and it does not seem that is going to happen.
Now the question is, who are we going to use now? I know you like a live broker, but I also know you like cheap. We need a good online broker. Suretrade we can forget about. Ameritrade seems to be OK for an option, but not main broker cause you have to call in BB orders. Webstreet has had some really good fills for me, but you cannot daytrade BB's in the margin account online. You have to call a broker to do that. The solution is to have 75K+ in the account so that you do not go through the cash in one day. A lot of folks do not have that kind of money though. Their target date to be self-clearing is May 1st, then you can daytrade BB's online, reusing the same funds. I hear good and bad about NDB, but far too much bad to consider them as my #1 broker. Watley is supposed to be a great platform, but terrible for BB's. I know of a couple of people that say they have had decent results with E-Trade, but have never tried them. We need some input here from some experienced folks that can give some options and opinions about their broker. I have wired money out of Mytrack and am looking for a place to send it.
I want everyone at Mytrack to know how much I appreciate the great executions that I used to get, and all the money that I made. I sincerly hope that they can get back at least a part of what they once had. I will continue to keep an account with them, and attempt to "position trade", or Naz trade 100 times a month. I still really like the Platinum Plan and have no desire to actually pay for it.
But for now HELP, I need another "great" broker. |
