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: Jack Zahran who wrote (5603)	10/27/1997 4:47:00 PM
From: ojai	Read Replies (1) of 16892

To all- I'm on Datek, had good and bad experiences with it. Now that I have it figured out, I'm more successful with my trades. I don't bother trying to trade in the first 30 min. if the market is moving fast, too easy to get stuck with something that is reversing. Also, I always use limit orders, market orders have too great a chance of getting manipulated by the MM's. I also take screen shots of all my trades, so that if something gets screwed up, I have a paper-trail (screen-trail?) I'm currently looking at higher powered systems, AB Wately and ATFI, because I would like to move up to a point and shoot system, giving the ability to go after 1/4 point moves. That's is something which is an exercise in frustration with Datek. Good Trading- Tim

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