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Non-Tech : E*Trade (NYSE:ET)

ET 17.49

+0.5%

Jan 14 3:59 PM EST

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To: Stanley L Brown who wrote (4430)	1/23/1999 9:25:00 PM
From: italiana	Read Replies (1) of 13953

Different Set of Rules, I am learning each day that I use ETrade. I do not use "market" to either sell or buy, I use only "limit." I have noticed that if the bid or ask is at XX dollars, and I go to the "Preview Stock Order" and the current bid or ask is exactly XX dollars and I place an order at market, it will be filled at a different price, and never in my favor. If I use a limit order it always gets filled at that limit. I do not rely on any figures listed by ETrade, such as if I own a number of shares. Sometimes in the "Preview Stock Order" it will be posted that I have XX number of uncommitted shares, or "Our records indicate you may not own these shares." Their records are rarely correct, and ETrade does not care about how the mistake was made. I keep a running record by using excel on all trades, including the number of shares I own. You have to do your own policing and learn from your mistakes. I also enjoy reading about problems other traders experience, and want to learn for their mistakes before I make them. ETrade still has the best game in town. italiana

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