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Politics : Formerly About Advanced Micro Devices

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To: Kenith Lee who wrote (108301)4/28/2000 3:40:00 PM
From: chic_hearne  Read Replies (2) of 1571086
 
Re: I just checked out Seibert. It's $34 plus number of contracts. I see there are lots of discount broker for stocks like $7.95 per trade. Waterhouse is $12 for up to 5000 shares (market ot limit order). There are no such cheap lunch for options. I think Waterhouse is $27 plus certain amount per contract.

Ken and Tim,

Message 13462959

I think commisions are irrelevant. Say you save $5 per trade by going with one broker over another, to make up for a few good fills (see above) you would have to make 125 trades. An 1/8th of a point on 1000 shares is $125. I think it's far more important to have a broker that gives you good fills. Also, if you don't trade that often, customer service is important.

chic
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