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Gold/Mining/Energy : Day trading in Canada
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To: keith massey who wrote (1887)12/26/1998 4:46:00 PM
From: Brian Diggle  Read Replies (2) of 4467
 
To Keith & All

I've had it with GreenLine/WebBroker & am looking for a New Broker. I need your guidance on whom I should select.

To give you some idea of what I'm looking for, here's the text of an email I sent to ETrade Canada.

Can I "Daytrade" using an E-Trade Account. Can I for example buy 1000 XYZ at 9:30 am and then sell the same 1000 XYZ at 9:35?
I can't do this using Greenline's WebBroker, which is the principle reason why I'm shopping for another Broker.

My initial deposit is clearly to be made by cheque. Subsequent deposits, however, may have to be made by some sort of electronic transfer. Please supply details on how this would be accomplished.

In the "Change Order" screen, I didn't see a "Cancel/Replace" Option. When will this option be added, so that I don't end up buying/selling twice the amount that I intended? I can do a cancel/replace with Greenline, but not in WebBroker--so this extra insurance costs me $13.

Shorting Stock
What issues do you have available to lend so that I can short them? Your answer can be somewhat vague here, but I need to know that most times when I want to short a stock I'll be able to do it with your firm.

Thanks for any help in selecting the best Canadian Broker. It's such a hassle changing Brokers that one doesn't want to do it very often.

Yours truly,

Brian Diggle.
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