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

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To: Gerard who wrote (676)3/16/1998 7:14:00 PM
From: Dan Duchardt  Read Replies (1) of 2120
 
Gerard,

On your 1 to 10 scale, for active intraday trading without a separate continuous data feed, Datek gets a zero from me. Of course that rating might also apply to lots of online brokers. I tried it. It does not work. If you are a good stock picker and want to enter and exit positions at predetermined prices, either by entering limit orders or by watching the quotes, and you don't depend on their servers to be available when the market is busy, then you may do OK.
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