Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : E*Trade (NYSE:ET) -- Ignore unavailable to you. Want to Upgrade?

To: Robert Rose who wrote (7751)	7/22/1999 7:55:00 PM
From: italiana	Respond to of 13953

I have used ETrade for approximately 1 1/2 years. I make two to four trades a week and can say that within the past 6 months my trades have been executed in seconds (when my ask and bid limit was hit), followed by an alert confirming the trade. Within the past month ETrade has been a dream to use and the new web site that opened this week IMO is great. There are more heavier traders then myself on this board and they can enlighten you if you trade several times a day. italiana

To: Robert Rose who wrote (7751)	7/22/1999 9:52:00 PM
From: kaydee	Respond to of 13953

Rob, FWIW, my 2 cents... I have an account with ETrade with for the past 5 years. I do a lot of position stock/option trades (3 days to 6 months)... - I have Fidelity and DLJ also. These days I use only Etrade. Because, overall based on fee structure, web design , options/funds etc.. I feel ETrade is better... I have a job, so I never try to do intraday trades... (In my opinion ETrade as a product is more like Accord/Camry than Mercedes(full service, GS)/Corvette(ultra fast ECNs, MB Trading/AB Watley))!!!! - Executions are always timely. There can be a delay in trade confirmation messages on very busy days or in the first few minutes after market open. If you call, they will always give you the order status. - These days ETrade is targeting active investors/traders accounts (rebate for 25 trades!). This should bode well for active customers... - If you compare downtime with other brokerages, ETrade is not bad.. All brokerages are down one time or the other...The last time I lost a lot of excellent opportunities was sometime in January on the Brazil devaluation day... That much risk is there with any brokerage house I guess.. - In case of trade dispute, they are very reasonable in resolving, but there can be a delay of 24-48 hours... Finally, whether you like Etrade depends on your current broker, trading style etc... But ETrade is yet to provide ECNs and before/ after market trading... DB