Datek Brokerage $9.95 a trade Message Board

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Non-Tech : Datek Brokerage $9.95 a trade

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To: jtech who wrote (16662)	1/31/2003 8:49:16 AM
From: rrufff	Read Replies (1) of 16892

Why don't you use a margin account and just trade up to the limit of your cash? The only real advantage of using a cash account is that your stock cannot be borrowed for shorting. Do you trade stocks that have high short action? If so, that could be an issue. Aslo, I don't understand the difference between the Datek and Ameritradee accounts. When I go to my Datek account, it now says Ameritrade. What is the difference and why don't you want to let them switch to Ameritrade?

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