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

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To: Melissa McAuliffe who wrote (1132)6/19/1998 12:06:00 PM
From: R Stevens  Read Replies (2) of 2120
 
Melissa,
I had the same problems at Discover Brokerage. I checked out DLJ when I was shopping around but found out they use the same clearing house,US Clearing, as Discover. Also every time you short someone has to make a call to find out if they can get the shares. (Haven't heard of anolan's technique but it sounds excellent.) I decided to go with Datek because their system is entirely automated, and thus fast. No humans making phone calls etc... So far I have been much happier. The confirmations are fast, and I like the simple web interface.

Good Luck, RS
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