DAYTRADING Fundamentals Message Board

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Strategies & Market Trends : DAYTRADING Fundamentals

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To: Bedrock who wrote (11132)	12/24/2000 9:17:45 PM
From: exdaytrader76	Read Replies (1) of 18137

Re: New online broker MB Trading (as far as I know) is a direct access firm that allows you to trade directly over the ECNs, Selectnet, and SOES. The brokers you have listed are all on-line brokers. There is a big difference, and if you are really a short-term trader, you probably want a direct access broker. www.successtrade.com is the cheapest Realtick broker I have found ($8 flat) and www.interactivebrokers.com is a favorite for their .01/share commissions. As far as "quick access to trading gains," you cannot use an intraday trading profit until the next day. That is a settlement rule that has not yet been changed. (There may be firms that do not adhere to this 100%) Good luck.

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