Datek Brokerage $9.95 a trade Message Board

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Non-Tech : Datek Brokerage $9.95 a trade

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To: RockyBalboa who wrote (11297)	3/19/1999 9:44:00 PM
From: john o	Read Replies (1) of 16892

I've have had a Datek account for 3 months. It beats all my other regular on-line brokers hands down (two others). I also use it as an alternative to my direct order entry broker. I get just as good fills and its a lot cheaper. I use the streaming quotes as a backup to the Level II data I get from the direct order entry broker. The only time I ever had problems was when I first got the Datek account and entered a stop loss on a stock. It took six minutes to fill while the price dropped two more dollars. They waved the commission. Big deal. Cost me 40 times that amount for the loss. Chocked it up to experience. I'm a true believer in limit orders only.

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