American Power Conversion Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : American Power Conversion

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: JB who wrote (1666)	7/27/1997 12:18:00 PM
From: Joseph Francis Torti	of 2574

JB, One thing that is really diffrent between Waterhouse web and E-stinks, I have both. If you are a day trader you will not be happy with Waterhouse. Reasons is Waterhouse if you trade on margins you will have to wait a day to use though funds again where-by E-trade you can trade 100 times a day. Example if you have $10.000 you can buy up to $20,000 fully margin. Now if you bought 20,000 worth of apcc and sold it 30 minutes later you will be done trading for the day you would have to wait the next day to use though funds again. E-trade you can trade all day. No day waiting. And plus Waterhouse will not approve me for level two option trading which would have let me recoup some of my losses from Apcc faster then writing cover calls which I am aprrove for with Waterhouse. As far as execution I really don't know if they are better because I can only round turn Waterhouse one time a day. This may be the reason Waterhouse is better because a fully margin trader is all done for the day. And e-trade you can trade all day. Joe

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next