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Strategies & Market Trends : Trading For A Living

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To: jawd who wrote (504)	6/24/1998 9:18:00 PM
From: Colin Cody	Read Replies (3) of 1729

Carefully read the back of your Datek confirmations. "We acted as principle, either buying from you or selling to you. We may have earned a profit on this transaction" . I really doubt you quoted that correctly. If that's on THE BACK of the confirm, then that would mean EVERY trade they acted as principle. That is not realistic! . Big difference between acting as principle and acting as agent IMHO YUP, there is, take acting as your PRINCIPLE most every time!! Why on earth would you want them acting as a mere COMMISSIONED AGENT for you? . If you get a fair price, WHAT DIF DOES IT MAKE? . Colin

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