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Strategies & Market Trends : DAYTRADING Fundamentals

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To: OZ who wrote (14394)	10/11/2001 7:24:16 PM
From: John Koligman	Read Replies (1) of 18137

I dunno OZ, when I switched from Schwab online to Cybertrader, I thought I died and went to heaven <ggg>. I'm looking at a confirmation from Cyber I got in the mail a couple days ago. I sold 40,000 shares of Dell, the commission was $14.95, and the SEC fees were $25.87. At Schwab the commission would have been 3 cents/share, or $2400 for the roundtrip rather than under 50 bucks from Cyber. Then again, I can see where folks who trade in and out with smaller lots have a legitimate beef. I tend to trade perhaps once or twice a day with larger share sizes, so I like it. Regards, John

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