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Non-Tech : MB TRADING

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To: Shizzie who wrote (6)4/4/1998 1:29:00 PM
From: William W. Dwyer, Jr.  Read Replies (1) of 7382
 
Hi, Shiz

I have used A.B. Watley and CyBerTrader both. Watley was the worst mistake of my life. You'd probably be better off at Datek. I have not used M.B. Trading, but understand they use software similar to Watley. Perhaps MB does a better job, though.

Presently I use CyBerTrader and love every aspect of it. Excellent executions, excellent account management. System has never been down once and I have never had any mistakes made with my account. I recommend the software very highly and would never consider trading with anything less.

From what I have seen and heard, either M.B. Trading or CyBer is probably the best way to go at present for any serious daytrader. Otherwise, Datek probably cheapest, easiest, safest. Watley is dangerous, and their staff is arrogant, in my experience. I have heard too many complaints about them from others, too. They usually refer to Watley as the "ultimate mistake."

Oh, by the way, CyBerTrader does not charge anything for quotes/charts/Leve 2, etc, and requires no minimum number of trades. Seems to me the most economical way to go.

WD
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