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Strategies & Market Trends : LastShadow's Position Trading

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To: LastShadow who wrote (5443)1/5/1999 4:52:00 PM
From: Charles Hughes  Read Replies (1) of 43080
 
A few dumb questions:

1. What is position trading, as opposed to day trading, etc? And good stuff to read on it?

2. What kind of firm is Yamner, capitalization, insurance on accounts, etc.

I might go to another broker, but have heard stories about some of the small discount or day trading outfits that make my hair curl. On the other hand, I have been screwed on trades plenty of times by Schwab, who usually take the position that if I have enough evidence to have a lawyer take my complaint to the SEC, they will consider making an adjustment in the trade.

I am especially interested in how assignments of covered calls are handled, which is one of Schwabs good points, along with the size of the company and the account insurance.

TIA,
Chaz
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