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

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To: LAWRENCE C. who wrote (1073)6/2/1998 1:17:00 PM
From: steve goldman  Read Replies (1) of 2120
 

A lot of chatter about this firm or that firm, DLJ specifically.
Hopefully everyone knows that DLJ makes markets, is a huge player in OTC and listed stocks. hopefully everyone understands the importance of the status a firm takes in the transaction.
look at yamner.com go to Yamner lIbrary and look
for pages on Agency vs. Principal.
There is more to it than $9.99 trades...ifyou just want to have fun trading lots of 100 shares for $9.99 on the same size, no problem, but you should 100% know what you are paying through direct commissions or execution quality when you deal with a principal firm.
-Steve@yamner.com
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