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Non-Tech : Datek Brokerage $9.95 a trade

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To: Mama Bear who wrote (9071)7/15/1998 12:08:00 AM
From: Tai Jin  Read Replies (3) of 16892
 
This morning within minutes of the opening I put in an order which showed up in my messages but didn't show up in daily activity or open orders for at least 5 minutes. Since it had not appeared in a reasonable amount of time I put in another order. Well, the first order finally appeared and I tried to cancel it. No go. It executed and when the second order finally appeared I tried to cancel that one. Nope. It was also executed.

There's just no way to trade in the first 30 minutes on Datek and that's unacceptable.

I also avoid using market orders whenever possible. I find that limit orders get better execution.

...tai
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