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Strategies & Market Trends : DAYTRADING Fundamentals

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To: vampire who wrote (7589)3/28/2000 6:36:00 PM
From: Eric P  Read Replies (1) of 18137
 
Harris:

I know there are "day-trading" firms one can open an account with (MB Trading, Whatley, etc) and regular internet brokerages (E-Trade, Datek) - what's the difference?

That's a very good question. I'm sure others will be able to add more good examples and information to my explanation, but I'll refer you to what I wrote on this topic several months ago: #reply-11181430

For those who may be new to this thread, we welcome you all! You guys/gals are what brings new life and discussion to our thread and keeps it from decaying into extinction. I've got a good suggestion for newcomers that are understandably overwhelmed by the prospect of reading this lengthy thread from the beginning: Take a look at the corresponding "Thread Summary" thread (#subject-28776).

I admit to being biased, but this is an excellent resource for us all to refer to and learn from consisting of the wisdom of dozens of successful market players on this thread. If you haven't already, take a look and read through many of these posts.

Referring to the latest post of the thread summary, I see there have been several other posts regarding daytrading firms versus discount firms that you may want to refer to:

Discount Broker vs Direct Access Broker
#reply-11181430 (Eric)
#reply-9996625 (Steve)
#reply-9996862 (Colin)
#reply-10841636 (Experience with Fidelity - Eric)
#reply-12149781 (Discount vs Direct Access - Matt)

Welcome to the thread and good luck,
-Eric
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