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Non-Tech : Datek Brokerage $9.95 a trade

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To: bw who wrote (6076)11/24/1997 1:56:00 PM
From: Rubber Man  Read Replies (1) of 16892
 
Datek isn't for daytraders.. it works for me most of today (with the exception of the opening bell), but the service is not always consistent. You're better off in this case to go to a broker that offers daytraders advantages in speed and execution (and especially consistency). For myself, Datek will do just fine. I don't know why you would look at Datek as a possible broker if you have a large balance to daytrade.. 9.99 is a lot if you only have 1000, but it's pennies to those with high a5 or 6 figure balances.
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