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Gold/Mining/Energy : Day trading in Canada

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To: New Economy who wrote (2723)4/13/1999 9:12:00 PM
From: Essam Hamza  Read Replies (1) of 4467
 
I finally started daytrading using my Priority Brokerage/Schwab Canada account these past two weeks, and I must admit I'm extremely happy.

As everyone knows I'm more critical of CDN brokerages than most but I was totally amazed by the fast executions of my online trades. I literally get confirmations of my Nasdaq trades in seconds!

Also there was a screw up with one of my sells yesterday so they honored the higher price even though the stock price fell at the time of the correction.

No problems with website either. Fast and never down so far.

They need to have intraday account updates to make me very happy but having said that, they will allow trades to go through even if the margin is not all there to cover it.

Only catch is that you need a min of $20,000CDN to open an account with them.

Hope that helps,

Essam.
PS: Get my trades for $30 commission.
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