Hi Poet, re. WallStreetAccess... if you use margin, you have to monitor your buying power and margin very carefully... you see, first, they just increased the margin requirement on some internet stocks... second, their online system or website will not tell you if you have a margin call or not... and if you tried to place an order without knowing that you have a margin call, your order will be cancelled with no reason given... you will only find out if you call them and talk to someone... I was told that this will be taken care of in the next upgrade ...
I had an account with them, and decided to transfer it over to Bear Stearns as I really do not want to have to deal with the growing pains of on-line brokerage... but that is just me.
I am interested to know about your experience with OptionStation as I am thinking of getting it...
also, if your broker deals with say the Philadelphia exchange for options, and OptionStation shows that the best price for an option you want is on the CBOE, how will you direct your order on-line...?
best regards
amein |
