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Strategies & Market Trends : Position Trading Forum

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To: DWalmsley who wrote (5628)	11/8/1998 12:17:00 PM
From: Tim Luke	Read Replies (3) of 7247

D, it really depends on what kind of trader you are. lets take me for an example first. i'm a day and position trader and i will do at least 25 trades a week and some time much more then that....i am using discover, which is a little better lately but i'm sure there are better....i will be going with MB Trading this week for real tick 111 trading (the level 2 will be help to this thread BTW)...IMO MB Trading is the elite of all brokers but if your not doing that much trading then you might be better off with a discount broker like brown & Co. or datek.... i can't recommend any of these companies to you since i never traded with them. the best thing to do is click on the threads of some of these brokers and ask questions from the people that use them... regarding margin: every trade i do is on margin, so if you have 100,000$ cash in your account that will now give 200,000$ buying power. there are some rules you need to know before you use this tool but for me it's the greatest....

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