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 (5799)	11/6/1997 8:42:00 PM
From: Esteban	Read Replies (1) of 16892

<<Off Topic: So you are saying 2.5 cents a share? Sounds expensive.>> Jack, I realize 2.5 cents a share is expensive, but can you trade 100 shares for $2.50 on a transparent system on AB Whatley or anywhere else? I thought the minimum charge is $20 plus. One of the successful daytraders I was chatting with trades 30000 to 10000 shares a day in 1000 share increments after only 8 months. He says whenever he starts trading badly, he goes back to 100 share trades to get back in the groove. I hesitate to go to a system like AB Whatley because I don't know if I can manage the overhead of $1000 a day in commissions. E

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