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Strategies & Market Trends : DAYTRADING Fundamentals

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To: OZ who wrote (14394)10/10/2001 10:41:36 PM
From: mcvcpa  Read Replies (1) of 18137
 
OZ,

I have wondered the same thing. More than that, how can a DAT broker on a per ticket basis even stay in existence? Except for those traders who always open every position with size, it just doesn't work anymore. I am trading a prop account on the side right now for a firm who is giving me RT access until the T1 is in place for their software and/or their internet version is available. I am paying 4 cents per share when trading 500 share lots which I usually use to scale in/out. Commissions are kicking my A**. Then again, it wasn't that long ago that I was paying $23 a ticket so .......but still with cents/share available, the ticket based deals just don't work. I have noticed a lack of RT based b/d's offering cents/share pricing though.
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