Momentum Daytrading - Tricks of the Trade Message Board

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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade

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To: Gerard who wrote (676)	3/13/1998 5:23:00 PM
From: Ken Wolff	Read Replies (3) of 2120

Gerard, I have not used DATEK myself but have heard many in other chat rooms complain that it takes a very long time in the morning when the volume is high to exit, even with a market sell. I would suggest MB Trading.... The fees are higher at MB but if you avoid getting caught in just one trade without quick exit, riding one down, it will more than pay for itself... If you plan to paper trade for a while before trading real money, then maybe one of the slower execution systems will work during the learning phase, but I personally would not put real money with a broker unless they have proven that they can execute at the price I want.... MB Trading has proven that to me, that is why I use them now. I have been to many many different brokers and have finally landed here. If the quality at MB Trading goes down hill, you will here it here first from me, as I always look for the best broker. So far MB has managed their growth with control. This is the downfall of many new brokers, they do not control their growth along with the required upgrades and additional manpower. Good Luck Ken www.mtrader.com

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